WHITE HOUSE WATCH COMMENTARY: MARKETS HAPPY, PRESIDENT”S OPTIMISTIC
By Denny Gulino WASHINGTON (MaceNews) – The week ends with once again everything that involves the corona virus falling neatly into place : the stock markets end a stellar string of positive trading days, the president said we don’t even need a vaccine and at least 45 states have some reopenings under way despite the […]
US APRIL DATA WILL BE MORE OF THE SAME; EYES ON FRIDAY’S MAY DATA
By Kevin Kastner WASHINGTON (MaceNews) – The mid-month consumption, production and price reports for April released next week will be extremely weak, and as a result will likely be shrugged off by markets that are already numb from all the bad news. Instead, attention should be focused on next Friday’s release of the May Empire […]
DATA FLASH: US APRIL PAYROLLS PLUNGE 20.5 MLN, UNEMP RATE 14.7%
–Virus Impact to Remain for Several Mos, Changes Likely to Be Smaller–Hourly Earnings Surge 4.7% , Most Job Losses in Lower-Incomes By Kevin Kastner WASHINGTON (MaceNews) – The April employment report Friday represented the full effect of the COVID-19 shutdown with payrolls posting the largest decline on record and the unemployment rate rising to the […]
WHITE HOUSE WATCH: HAPPY ENDING, UNHAPPY ENDING OR NO ENDING?
By Denny Gulino WASHINGTON (MaceNews) – Amid all the bad virus news there are a few nuggets of good news. How much good news could there be when another 2,000 or more Americans are killed by the virus every day. One set of projections see that increasing to 3,000 a day by the end of […]