Economics
Chief economist update: The fear of Brexit
BENJAMIN ONG  |  THURSDAY, 29 AUG 2019
Shouldn't Brexit encourage UK companies to shed workers, least of all give pay hikes? Shouldn't UK workers be discouraged from asking for pay increases faced with the uncertainty of losing their jobs?
Chief economist update: US yield curve pictorial
BENJAMIN ONG  |  WEDNESDAY, 28 AUG 2019
Will the US yield curve again be proven correct?
Chief economist update: What price Australian budget surplus?
BENJAMIN ONG  |  TUESDAY, 27 AUG 2019
Aside for bragging rights, I can't understand why the current Australian government remains hell-bent on achieving a surplus when Australia and the world are now finding themselves facing real and present danger of a recession.
Chief economist update: Trump should read Frank
BENJAMIN ONG  |  MONDAY, 26 AUG 2019
With Trump's latest tweets the "uncertainty about trade policy" the Fed's Powell spoke of in Jackson Hole has just become certain - certain to escalate further that is. Unless POTUS reverses his "take no prisoners" policy on trade (and even his own central ...
Chief economist update: Jerome is in the Hole
BENJAMIN ONG  |  FRIDAY, 23 AUG 2019
As the Fed kicks off its annual economic symposium in Jackson Hole, the world is ready to slice and dice everything that its chair Jerome Powell says. Will he pass the test?
Chief economist update: Wheels of US recession in motion
BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
The US yield curve indicates a US recession is on the cards, even if Trump rescinds all tariffs on trade and the Fed drops helicopter money today.
Chief economist update: The hazard of being a safe haven
BENJAMIN ONG  |  WEDNESDAY, 21 AUG 2019
Mounting uncertainties are pushing investors into safe haven assets such as longer-term bonds and currencies like the Swiss franc and the Japanese yen.
Chief economist update: Tweeting Trump versus totalitarian Xi
BENJAMIN ONG  |  TUESDAY, 20 AUG 2019
US President Donald Trump is envious of Chinese President Xi Jinping.
Chief economist update: US recession a sure thing
BENJAMIN ONG  |  MONDAY, 19 AUG 2019
The United States will be in recession a year or so from now.
Chief economist update: Will Australia avoid another global recession?
BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
As I've ranted many times before, the problem in today's world isn't the cost of borrowing but the general uncertainty that's preventing businesses from investing and consumers from consuming.
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