STATUS CHECK COMMENTARY: THE WASHINGTON MINDSET GETS A MAKEOVER
WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes. • The thousands of government affairs specialists paid by American business firms to be their eyes, ears and arm-wrestlers in Washington are in the midst of the major recalibration that happens when a […]
ECB SIGNALS LESS RELIANCE ON QE AMID SIGNS OF GOVERNING COUNCIL DISAGREEMENT
–Minutes of December Meeting Suggest Council May Not Exhaust Emergency QE Allocation By Laurie Laird LONDON (MaceNews) – The European Central Bank could rely more heavily on its long-term refinancing operations in combatting the Covid-related economic downturn, although minutes of the December rate-setting meeting suggest some disagreement about the appropriate policy path. “The focus on […]
STATUS CHECK COMMENTARY: BARBARIANS INSIDE THE GATE TEST AMERICA
WASHINGTON (MaceNews) – The following is Tuesday night’s status check of developments in the U.S. that can influence economic, health and political outcomes. · As often noted about the U.S. Congress, months, even years can go by without much getting done but every once in a while there’s an explosion of activity. After the financial […]
STATUS CHECK COMMENTARY: TRUMP HOPES FOR A REBOUND, FACES ANOTHER IMPEACHMENT
WASHINGTON (MaceNews) – The following is Friday night’s status check of developments in the U.S. that can influence economic, health and political outcomes. · The bastions of freedom are firmly in place, holding back the forces of Trump, at least temporarily. That’s right, Twitter, Facebook, Google, even Spotify have moved to keep the president off […]
DATA PREVIEW: RETAIL SALES AND INFLATION MEASURES
WASHINGTON (MaceNews) – Economic data in the week ahead includes the December retail sales report, along with the two major inflation measures, the CPI just a week from Inauguration Day and the PPI but market participants are unlikely to pay much attention. The major stock indexes were propelled back into record territory Friday, in part […]
STATUS CHECK COMMENTARY: THE POST-SIEGE SCRAMBLE
WASHINGTON (MaceNews) – The following is Thursday night’s status check of developments in the U.S. that can influence economic, health and political outcomes. · The White House scrambled Thursday to soften the accurate perceptions of President Trump’s actions that precipitated the physical attack on Congress as various threats to his remaining few days in office […]
STATUS CHECK COMMENTARY: WHAT NOW?
WASHINGTON (MaceNews) – The following is Wednesday night’s status check of developments in the U.S. that can influence economic, health and political outcomes: The images from the Capitol Wednesday have been burned into the national consciousness where they will remain, to be engraved in the history books, a “dark moment” said President Elect Joe Biden. […]
STATUS CHECK COMMENTARY: RISKS OF BACKLASH/BACKFIRE HAUNT DISSIDENT SENATORS
WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. Thirteen senators who will challenge Electoral College votes Wednesday are betting on the persistence of public opinion, at least that of the Trumpist base they’re appealing to, so that during their long terms […]
ITALY TO SELL MORE USD-DENOMINATED BONDS IN 2021; NEW ‘GREEN’ SECURITIES – SOURCES
By Silvia Marchetti ROME (Mace News) – Italy’s government aims to issue more U.S. dollar-denominated bonds this year alongside new green bonds and retail securities aimed at supporting pandemic measures, according to ruling coalition sources. The goal is to keep diversifying the investor base through new issuances in foreign currencies both in the Global and […]
EVANS: MON. POLICY WELL POSITIONED NOW; DECIDE IN SPRING ABOUT MORE QE
Can Adjust Pace, Duration of Bond Buys If Decide Need More Accommodation Not Concerned About Rising Bond Yields If Reflect Stronger Recovery Don’t Raise Funds Rate Until Inflation Overshoots 2%, Averages 2% By Steven K. Beckner (MaceNews) – Chicago Federal Reserve Bank President Charles Evans suggested Monday that, as far as he’s concerned, it would […]