SATURDAY/SUNDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is the public White House schedule for Saturday and Sunday: WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, AUGUST 29, 2020, THROUGH SUNDAY, AUGUST 30, 2020 Saturday, August 29, 2020 EDT 8:00AM           In-House Pool Call Time 8:00AM           Out-of-Town Pool Call Time  10:00AM           THE PRESIDENT departs the White House en route to Joint Base Andrews  West […]

STATUS CHECK: FROM JACOB BLAKE TO CHADWICK BOZEMAN, A WEEK TO REMEMBER – AND FORGET

WASHINGTON (MaceNews) – The following is Friday’s status check of developments in the U.S. that can influence economic, health and political outcomes: A week filled with news is over. No more apocalyptic-themed Republican National Convention. The ghost of Hurricane Laura is cutting across the Washington-to-Philadelphia area toward the Atlantic. The Federal Reserve has formalized its […]

DATA PREVIEW: AUGUST PAYROLLS, HURRICANE LAURA TOP OF MIND

By Kevin Kastner WASHINGTON (MaceNews) – The impact of Hurricane Laura, which ripped through the Gulf Region on Thursday and is carving its way up the middle of the U.S. as we speak, will be felt in the weekly initial claims and rig count data next week and could also affect retail sales and other […]

DATA FLASH: US JULY PERSONAL INCOME TICKS UP, PCE GROWTH SLOWS

-US July Personal Income +0.4% After -1.0% in June, Savings Rate 17.8%-Nominal PCE +1.9%, Real PCE +1.6%; Core Prices Rise 0.3%-Real PCE Tracking 36.6% SAAR Above Second Quarter Average-Chicago PMI Trims to 51.2 in August from 51.9 in July-August Michigan Sentiment Revised Up to 74.1, Ahead of 72.5 in July By Kevin Kastner WASHINGTON (MaceNews) […]

BOE’S BAILEY: BANK UNDERESTIMATED ITS FIRE POWER; SEES AMPLE ASSETS IF EXPANDED QE NEEDED

By Laurie Laird LONDON (MaceNews) – The Bank of England underestimated the tools at its disposal in the event of a Covid-sized crisis and sees an ample supply of financial assets should the economy require further quantitative easing. “It looks from today’s vantage point that we were too cautious about our remaining firepower pre-Covid,” said Bank […]

CORONAVIRUS DEALS BLOW TO GERMAN CONSUMER CONFIDENCE: GFK INSTITUTE

By Marco Babic ZURICH (MaceNews) – After improving for three consecutive months, consumer confidence in Germany fell on fears coronavirus restrictions will be further tightened, which served to dampen income expectations. Based on August results, Germany’s GfK institute is forecasting a reading of -1.8 in September for consumer confidence, down from a revised -0.2 in […]

EURO AREA ECONOMIC SENTIMENT SHOWED CONTINUED IMPROVEMENT IN AUGUST

ZURICH (MaceNews) – Economic sentiment for the countries sharing the euro improved further in August, having recovered about 60 percent of the combined decline in March and April, the European Commission reported Friday. The Economic Sentiment Indicator (ESI) rose 5.3 points to 87.7 in August, with industry, retail trade and services driving the increase while […]

FRIDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Friday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, AUGUST 28, 2020 EDT 11:00AM                      In-House Pool Call Time 2:00PM                        Out-of-Town Pool Call Time 2:30PM                      THE PRESIDENT receives a briefing on Hurricane Laura Oval Office Closed Press 3:50PM                      THE PRESIDENT departs the White House en route […]