Search ResultsShowing 1 - 10 of 100+ results for Benjamin Ong
Chief economist update: Oil gush
BENJAMIN ONG  |  FRIDAY, 3 APR 2020
If financial markets are going to time the beginning of the end - that is, when equity markets started their slippery slide into where we are now, it'll be 9 March 2020. That was the day the music died. Sure, equity markets were already sliding ...
Chief economist update: AUD depreciation no cure for coronavirus
BENJAMIN ONG  |  THURSDAY, 2 APR 2020
All good things must come to an end and this 'Lucky Country's' luck appears to have ran out after enjoying 28 years and a bit without an economic recession. Australia has survived economic and financial market upheavals over the past three ...
First in first out?
BENJAMIN ONG  |  WEDNESDAY, 1 APR 2020
As if reports that China hasn't recorded any domestically-transmitted cases of the coronavirus for several days running aren't good news enough, the latest purchasing managers' survey from the National Bureau of Statistics(NBS) provides an early indication ...
Chief economist update: Great Scott! Mighty Mo to the rescue
BENJAMIN ONG  |  TUESDAY, 31 MAR 2020
I would have described him as 'super', but I've already used that moniker in reference to former European Central Bank (ECB) president Marion Draghi when he did "whatever it took" to save the splintering of the single currency region from ...
Chief economist update: A whole new world
BENJAMIN ONG  |  MONDAY, 30 MAR 2020
Daily reports of the rising number infections and fatalities from COVID-19 are matched only by tightening restrictions on social interaction and the ever-increasing amount of money released from government and central bank coffers. How wide and far-ranging ...
Chief economist update: Honey, COVID-19 got me sacked
BENJAMIN ONG  |  FRIDAY, 27 MAR 2020
The numbers are in, and the US Economic Policy Institute's (EPI) estimate of unemployment claims, if not right on the dot, was way inside the ballpark. EPI estimated 3.4 million workers filed for unemployment in the week ended March 21, that it ...
Chief economist update: COVID-19 eating into jobs
BENJAMIN ONG  |  THURSDAY, 26 MAR 2020
Wall Street and most other equity markets welcomed reports that the White House and the US Senate have finally reached a deal to unleash a stimulus package worth around US$2 trillion. "Highlights include: $250B in direct payments to Americans; $367B ...
Chief economist update: The cheaper alternative
BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2020
"Australia is following in the COVID-19 footsteps of the UK and experts are warning the floodgates are likely to open soon." This statement -- printed by the Australian Financial Review - talked about the rising number of infections in the UK and how ...
Chief economist update: Lock us down Scotty!
BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
Think your 30-50% year-to-date loss in your equity portfolio is bad? Just wait until all buyers disappear, consumed by a tiny speck of micro-organism. Remember Murphy's Law? "Anything that can go wrong will go wrong". Monetary and Keynesian stimulus ...
Chief economist update: What happens in China...
BENJAMIN ONG  |  MONDAY, 23 MAR 2020
Slowly but surely, the wheels of industry - even social life itself - are grinding to a halt. If not for the invention of the internet and various apps, there wouldn't be any commerce or even virtual social interaction that would be taking place ...
PREVIOUS
NEXT
Link to something ziFk1dCw