STATUS CHECK COMMENTARY – COMING UP, CATHARSIS, HEALING?
WASHINGTON (MaceNews) – The following is Friday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · Saturday makes it three days. Three days until catharsis, healing and finally a truce in the culture wars. You could see it on Fox News, where Sean Hannity was mellowing, praising candidate […]
SATURDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Saturday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORSATURDAY, OCTOBER 31, 2020 EDT 8:30AM In-House Pool Call Time8:30AM Out-of-Town Pool Call Time 10:00AM THE PRESIDENT departs the White House en route to Joint Base Andrews South Portico Out-of-Town Travel Pool 10:25AM THE PRESIDENT arrives at Joint Base Andrews Joint […]
DATA PREVIEW: OCTOBER EMPLOYMENT REPORT TAKES A RARE BACKSEAT
By Kevin Kastner WASHINGTON (MaceNews) – It takes a lot to knock the employment report off its perch as the week’s most important economic event, but that will be case in the upcoming week. By the time we get to Friday’s release for October, fatigue may have set it. Obviously, the main event for the […]
DATA FLASH: US SEPTEMBER PERSONAL INCOME REBOUNDS, PCE JUMPS
–US Sept Personal Income +0.9% After -2.5% in August, Savings Rate 14.3%–Nominal PCE +1.4%, Real PCE +1.2%; Core Prices +0.2%–Chicago PMI Slips to Still-Strong 61.1 in October from 64.2 in September–Oct Michigan Sentiment Index Revised Up to 81.1, Vs 80.4 in September By Kevin Kastner WASHINGTON (MaceNews) – Personal income rebounded in September, reflecting a […]
BANK OF ITALY’S VISCO: EZ DEFLATION RISK MUST NOT BE OVERLOOKED’
By Silvia Marchetti ROME (MaceNews) – The Bank of Italy governor Ignazio Visco warned on Friday “not to overlook” the risk of deflation in the eurozone even though current deflationary risks are lower than they were six months ago. “The probability of deflation is still very lower, however, the share of operators expecting an inflation […]
ECB’S MERSCH URGES GREATER FISCAL SPENDING TO COMBAT COVID DOWNTURN
— Supports “recalibration” of monetary policy in December By Laurie Laird LONDON (MaceNews) – A top European central banker called Friday for increased government spending to combat the economic impact of the recent upsurge in Covid transmission, even as he voiced support for an adjustment of monetary policy by year end. The European Central Bank […]
EUROZONE Q3 GDP TOPS FORECASTS; INFLATION REMAINS NEGATIVE IN OCTOBER
By Laurie Laird LONDON (MaceNews) – The Eurozone economy staged a stunning rebound in the third quarter, exceeding analysts’ forecasts, even as inflation remained in negative territory for the third straight month ahead of an expected Covid-related slowdown in the closing months of the year. Gross domestic product soared by a record 12.7% in the […]