Search ResultsShowing 1 - 10 of 100+ results for "Yes Virginia"
Chief economist update: The corona crash of 2020
BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... market, any stock market and chances are it's now in a bear market or heading there, struck down by coronaphobia. Yes Virginia, the bears came out of hibernation in full force. There was no place to hide. Everywhere you look, there's gloom and ...
Chief economist update: The C word
BENJAMIN ONG  |  TUESDAY, 3 MAR 2020
... markets - from New York to Rio and ol' London town - that propelled the powers-that-are into a "concerted" action. Yes Virginia, each and every one of them knew what was coming as the rate of infections multiplied from animal to one human, then one ...
Chief economist update: A sensationalised version of the flu?
BENJAMIN ONG  |  FRIDAY, 28 FEB 2020
... the real life? Is this just fantasy? Caught in a landslide, No escape from reality." - Queen, Bohemian Rhapsody Yes Virginia, you'll be exclaiming "mama mia, mama mia" too when you see the red inks splattered by equity markets everywhere. And yes ...
Chief economist update: Who's afraid of COVID-19?
BENJAMIN ONG  |  TUESDAY, 25 FEB 2020
... by 2.3%; the Euro Stoxx-50 index lost 4%; the FTSE-100 index went down by 3.3%; and the S&P 500 index lost 3.4%. Yes Virginia, you'll fear for your health - mortal and financial - given the virus' seemingly exponential spread. The latest World ...
Chief economist update: It's Christmas time in the city
BENJAMIN ONG  |  MONDAY, 9 DEC 2019
... the expectations index (up 1.6 points to 88.9) increased over the month. "let it snow, let it snow, let it snow". Yes Virginia, it's snowing jobs. The US non-farm payrolls report showed that the economy added 266,000 jobs in November - well above ...
Chief economist update: Reversal of fortune
BENJAMIN ONG  |  WEDNESDAY, 20 NOV 2019
... the slowing momentum in economic activity in this 'Lucky Country', but I'm starting to change my tune. Yes Virginia, I'm still scouring through the pages of the RBA's Statement on Monetary Policy released earlier this month and eureka ...
Chief economist update: Brexit la la la
BENJAMIN ONG  |  FRIDAY, 8 NOV 2019
It won't be over till it's over. Yes Virginia, the uncertainty that is Brexit festers on, pushed further until Britons have cast their vote at (yet another) general election to be held on 12 December (December 13 in Australia) and from there ...
Chief economist update: The BOJ needs to run faster to stay in the running
BENJAMIN ONG  |  MONDAY, 23 SEP 2019
... amounts outstanding will increase at annual paces of about six trillion yen and about 90 billion yen, respectively". Yes Virginia, the BOJ maintained that it will "continue with "quantitative and qualitative monetary easing (QQE) with yield curve control," ...
Chief economist update: Future path of fed funds rate
BENJAMIN ONG  |  THURSDAY, 19 SEP 2019
... on 10-year US Treasuries was unchanged at 1.8%; and the Bloomberg US dollar spot index ticked up by a mere 0.2%. Yes Virginia, there's nothing to write home to mother about. They're all within the normal day-to-day ups and downs of the markets. ...
Chief economist update: Whatever it takes, however long it takes
BENJAMIN ONG  |  FRIDAY, 13 SEP 2019
... to ensure that inflation moves towards its aim in a sustained manner, in line with its commitment to symmetry." Yes Virginia, it's now not only "whatever it takes" but "however long it takes". If you want to know how long, it's as long as US ...
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