DATA FLASH: US AUGUST CPI RISE 0.4% ON SOLID CORE READING
–Core Prices Up 0.4%; Ex. Only Energy, CPI Still Up 0.3%.–Energy Prices Up 0.9%, Food Prices Up 0.1% By Kevin Kastner WASHINGTON (MaceNews) – The August consumer price data were stronger than expected, but still rose at a slower pace than in recent months. Headline CPI rose by 0.4% in August based on data released […]
STATUS CHECK: AN UNEXPECTED SILVER LINING IN A TRUMP TWEET
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 of many parts, – some scary, some absurd, some mystifying – and yet only a very few worth holding on to, with meaning for the future. That narrows it down to Tuesday’s […]
DATA PREVIEW: IS INFLATION NOW A TREE FALLING IN THE FOREST?
By Kevin Kastner WASHINGTON (MaceNews) – The highlight of next week, not counting a Monday holiday of course, will be the August readings of business and consumer inflation at the end of the week–indicators that were closely-watched before the COVID crisis. But now, thanks to much more pressing issues this year, inflation was put on […]
BoA GLOBAL FUND MNGR SURVEY: INVESTORS INCREASE EQUITY HOLDINGS, TRIM BOND UNDERWEIGHT
–Inflation Concerns Broaden –US Election Deemed 3rd Biggest Tail Risk, Behind Covid/US-China Trade By Vicki Schmelzer NEW YORK (MaceNews) – Global investors polled in August were confident enough about global growth to increase their equity holdings and pare back their bond underweight, according to the findings of the BofA Global Research’s monthly fund manager survey, […]
STATUS CHECK: A FED VOICE SURPRISINGLY TRIES TO JOG SLEEPWALKING UNITED STATES
WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes: It was unexpected and significant, when of all people the president of a Federal Reserve Bank spoke up to say something is seriously wrong in how the country is preparing for the next […]
DATA FLASH: US JULY CPI SURGED 0.6%, ECHOING PPI INFLATION
–Core Prices Jump 0.6%; Ex. Only Energy, CPI Rose 0.5%.–Energy Prices Rose 2.5%, Food Prices Down 0.4% By Kevin Kastner WASHINGTON (MaceNews) – Following Tuesday’s surprisingly large gains in business prices, there was a question of whether those prices rebounds would feed down to the consumer level. That was answered Wednesday morning with an extraordinarily […]
STATUS CHECK: US STOCK MARKET EBULLIENCE SHOWS RARE VULNERABILITY TO VIRUS NEWS
WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes: It was hard not to notice a disturbance in the Force, the force of stock market ebullience, that is. It was a strong start after Russia, however prematurely, announced it was moving to […]
STATUS CHECK: TRUMP – ‘WE’RE FINALLY HAVING IT OUT’
WASHINGTON (MaceNews) – The following is Friday’s status check of developments in the U.S. that can influence economic, health and political outcomes: · A long week about over and in an evening news conference the president of the United States says, “We’re having it out. We’re finally having it out.” He was talking about the […]
DATA FLASH: US JUNE CPI RISES 0.6% ON ENERGY PRICE REBOUND
–Core Prices Up 0.2%; Ex-Energy, CPI Up 0.3%;–Energy Prices Up 5.1% –NFIB Survey Shows Continued Improvement, Sales Outlook Sharply Improved–Redbook Weekly Retail Sales Show July Up 3.0% From June, Down 5.5% Y/Y By Kevin Kastner WASHINGTON (MaceNews) – U.S. consumer prices were above expectations as energy prices rebounded, food prices rose further and core prices […]
DATA PREVIEW: JUNE DATA SOLID, BUT COVID REBOUND LOOMS
By Kevin Kastner WASHINGTON (MaceNews) – The U.S. data for June have been generally positive, with a solid gain in nonfarm payrolls and the above-50 ISM readings for both the manufacturing and nonmanufacturing sectors. Of course, much of this was before several large states reported rebounds in their COVID-19 cases, so the silver cloud comes […]