STATUS CHECK COMMENTARY- HISTORIC AND DARK, THE BATTLE INTENSIFIES
WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes. The charm and wonder of Donald Trump’s machinations to tarnish the presidency of Joe Biden took a decidedly darker turn Thursday as the president took a step that might become more than a […]
JAPAN OCT CPI DROP DEEPER ON WEAKER ENERGY, GOVT-FINANCED TRAVEL DISCOUNTS
By Max Sato (MaceNews) – Japanese consumer prices posted a sharper drop in October as energy costs were slow to recover amid the global pandemic and the government campaign to save the hard-hit tourism industry by subsidizing hefty discounts had a wider impact, data from the Ministry of Internal Affairs and Communication released Friday showed. […]
DATA FLASH: U.S. OCTOBER EXISTING HOME SALES ADVANCE FURTHER
–Existing Home Sales Rise by 4.3% to a 6.85 Million Rate, High Since Feb 2006 By Kevin Kastner WASHINGTON (MaceNews) – U.S. existing home sales surged again in October are now at the highest point since February 2006. National Association of Realtors Chief Economist Lawrence Yun said the data are “amazing” and noted that 2020 […]
ECB’S LAGARDE: ASSET PURCHASES, CHEAP FINANCING ARE KEY TOOLS VS LATEST DOWNTURN
By Laurie Laird LONDON (MaceNews) – Europe’s top central banker suggested that expanded asset purchases and enhancements to the Bank’s long-term finance scheme are best suited to counter the latest eurozone downturn, while urging national governments to keep the fiscal taps flowing. “While all options are on the table, the pandemic emergency purchase programme (PEPP) […]
STATUS CHECK COMMENTARY- EMPTY CLASSROOMS AGAIN; MORE COMING WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. The order to close New York City schools beginning Thursday was unwelcome in the extreme but Mayor Bill de Blasio said it was necessary. The […]