STATUS CHECK COMMENTARY- ELVIS IS LEAVING THE BUILDING – NOW WHAT?
WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes. A day like other days since the election, a president retweeting millions of Trump votes were “deleted” and Twitter tagging that and others as “disputed.” The retweet was from a posting by the […]
ECB, BOE SEE NO SILVER BULLET IN COVID VACCINE
–Both CenBanks Expected to Adjust Policy in December –Fed’s Powell Sees More Tech-Oriented, Less Job-Oriented Recovery By Laurie Laird LONDON (MaceNews) – Europe’s top central bankers welcomed the positive news on a Covid vaccine unveiled earlier this week, but warned that the region faces more economic pain before an inoculation becomes widely available. European Central […]
DATA FLASH: US OCTOBER CPI FLAT; JOBLESS CLAIMS FALL 48,000
–Core Prices Flat, Both Including and Excluding Energy Prices–Energy Prices Rose By 0.1%, But Gasoline Prices Down 0.5%. By Kevin Kastner WASHINGTON (MaceNews) – The October consumer price data were below expectations, with flat readings for both headline and core CPI. Both measures were expected to rise by 0.2%. The year/year rates for consumer inflation […]
STATUS CHECK COMMENTARY- OF TRADITION AND LEGACY
WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. Veterans Day saw the opening of the National Museum of the United States Army, a beautiful huge structure situated in the immense Fort Belvoir, one of the U.S. military’s most high tech installations […]
STATUS CHECK COMMENTARY- BIDEN SEEKS CALM; OPPONENTS KEEP FIGHTING
WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. President-Elect Joe Biden sought to calm troubled waters Tuesday in a rare question and answer session following a speech repeating how important he views the Affordable Care Act. It was under review by […]
GERMAN ECONOMIC SENTIMENT FALLS SIGNIFICANTLY IN NOVEMBER: ZEW
By Marco Babic ZURICH (MaceNews) – Concerns among investors about the impact of COVID-19 on Germany economy pushed the outlook sharply lower in November, according to the latest report from the ZEW institute in Mannheim. Economic sentiment fell in November to 39.0, down 17.1 points from the October result, and came in below expectations for […]
STATUS CHECK COMMENTARY- ONWARD TO THE BIDEN EITHER-OR PRESIDENCY
WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes. First, everything is in the new context of Donald Trump not being Joe Biden’s problem any more. The angst of disappointment and the very emotional rejection of reality is not unexpected, surprising or […]
STATUS CHECK – VIRUS HITS WHITE HOUSE – AGAIN; BIDEN APPEALS FOR CALM
WASHINGTON (MaceNews) – The following is Friday’s status check of developments in the U.S. that can influence economic, health and political outcomes. You had a dream, that there is now a president-elect and that all the uncertainty and anxiety of a long week started to fade away like long-ago birth pangs. In your dream President […]
DATA PREVIEW: A QUIET DATA WEEK GIVES INFLATION THE SPOTLIGHT
By Kevin Kastner WASHINGTON (MaceNews) – With little key data scheduled and the Veterans’ Day holiday falling in the middle of the week, the October inflation readings will get their moment to shine – or to disappoint. As has been the case since the FOMC shifted its emphasis on inflation to the backburner, it will […]
DATA FLASH: US OCTOBER PAYROLLS RISE 638,000, UNEMPLOYMENT RATE 6.9%
–Private Jobs Surge 906,000, Led by Leisure, Business Services, and Retail By Kevin Kastner WASHINGTON (MaceNews) – The October employment report Friday showed that even an uptick in COVID-19 cases couldn’t stop the ongoing recovery, with a solid increase in payrolls and a further dip in the unemployment rate. Nonfarm payrolls rose by 638,000 in […]