Search ResultsShowing 1 - 10 of 100+ results for "Yes Virginia"
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 ...
Chief economist update: Fed has Trump's trade war number
BENJAMIN ONG  |  MONDAY, 9 SEP 2019
It's not me, it's you! Yes Virginia, you, I and Irene are very well aware of US president Donald J. Trump's Twitter attacks on the Fed. The last, most significant one was right after US Federal chair Jerome Powell's speech at Jackson ...
Chief economist update: Foolish takeaway on US-China talks
BENJAMIN ONG  |  FRIDAY, 6 SEP 2019
... me -- you can't get fooled again." - former US President George W. Bush, Nashville, Tenn., 17 September 2002. Yes Virginia, it was the stuff that brought "Bushism" into our collective consciousness. Of course, we all know what George W. was on about ...
Chief economist update: The budget surplus can wait
BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
... $113,404m. This is 10.7% higher than Estimate 3 for 2018-19. Estimate 3 is 14.9% higher than Estimate 2 for 2019-20." Yes Virginia, Australian businesses have upped their capital spending plans in the face of multiplying challenges - trade war, global ...
Chief economist update: The fear of Brexit
BENJAMIN ONG  |  THURSDAY, 29 AUG 2019
... English philosopher, statesman and essayist - mother tongue, "The pomp of death alarms us more than death itself." Yes Virginia, you know where I'm going with this. Brexit - the "no-deal" variety - is all but assured. UK Prime Minister Boris Johnson's ...
Chief economist update: RBA heading to zero
BENJAMIN ONG  |  WEDNESDAY, 7 AUG 2019
... psychological threshold of CNY7.0/US$1) highlights just how determined the US president is to win the trade war. Yes Virginia, China's officially a "currency manipulator" in America's eyes - not when it was intervening to keep the yuan from depreciating ...
Chief economist update: Look out below
BENJAMIN ONG  |  TUESDAY, 6 AUG 2019
... Korea - both countries removing each other from their respective trade "white list" (preferred list of exporters). Yes Virginia, Trump has managed to turn close neighbours against each other. Trump must have read General George Patton's words: "The ...
Chief economist update: Another RBA rate cut should be enough
BENJAMIN ONG  |  MONDAY, 17 JUN 2019
... with not one, not two but three more rate reductions - two this year to 0.75% and one by June next year to 0.5%. Yes Virginia, you, I and Irene would dump the A$ too given these expectations. But just as we've proven the markets and "expert economists" ...
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