WHITE HOUSE WATCH COMMENTARY: ‘PLENTY OF PROTEIN IN THE (HOBBLED) FOOD CHAIN’
By Denny Gulino WASHINGTON (MaceNews) – Kroger, with 2,700 stores, says some of them will have purchase limits on ground beef and pork, just as many other grocery chains have been imposing for weeks. It’s the end of the week and maybe you’ve run out of things to worry about. We can help. There is […]
HISTORIC 20-MILLION DECLINE IN US APRIL PAYROLLS EXPECTED
By Kevin Kastner WASHINGTON (MaceNews) – Many of the March and April U.S. data releases to this point have been worse than even the most pessimistic expectations. With that rosy thought in mind, markets and analysts will prepare for an extremely disappointing April employment report next Friday. The March employment report’s survey week fell before […]
DATA FLASH: US APRIL MANUFACTURING ISM CONTRACTS SHARPLY
–Regional Data, Markit Survey Also Soft as Full COVID Impact Hit–March Construction Spending Up on Home Remodeling By Kevin Kastner WASHINGTON (MaceNews) – The April ISM index Friday showed U.S. manufacturing sector activity contracted sharply, confirming the disappointing regional and Markit data that preceded it. Conditions are unlikely to improve until businesses are given the […]
FORMER SR. DEPUTY GOVERNOR MACKLEM NAMED BANK OF CANADA GOVERNOR
NEW YORK (MaceNews) – Former Bank of Canada Senior Deputy Governor Tiff Macklem has been named governor of the Bank of Canada, the BOC said Friday. Macklem will succeed Governor Stephen Poloz on June 3. Macklem has been dean of the Rotman School of Management at the University of Toronto since July 2014. Prior to […]
WHITE HOUSE WATCH COMMENTARY: ‘OPERATION WARP SPEED’ AND THE CONTACT TRACERS
By Denny Gulino WASHINGTON (MaceNews) – Like everything having to do with Covid-19, the U.S. will likely be way late in having enough contact tracers in place, ready to pounce on every new case of infection to isolate those who spent some time close to anyone tested positive. Listening Thursday to New York Gov. Andrew […]