Thursday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Thursday schedules for the White House, Treasury Department, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, JUNE 24, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. […]
Saturday/Sunday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Saturday and Sunday schedules for the White House, Treasury Department, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, JUNE 19, 2021 AND SUNDAY, JUNE 20, 2021 On Saturday, the President has no public events scheduled. On […]
US Data Preview Commentary: Personal Income, Existing/New-Home Sales, Durables and the Downside to ‘Transitory’
WASHINGTON (MaceNews) – Beware what look like quiet weeks ahead, like the upcoming week when the Earth’s northern pole tilts to the max toward the sun. The summer solstice means that after 3:32 Monday morning the days start getting shorter in our hemisphere and the diminishing daylight is appropriate for a time of what seems […]
US Data Preview Commentary: Retail Sales, PPI, Hsing Starts, FOMC, New ‘Dot Plot’
WASHINGTON (MacNews) – The explosive snapback of consumer demand, company supply-chain and delivery workarounds and inventory reloading won’t be reflected nearly to the phenomenon’s full extent in Tuesday’s May retail sales report. Just as goods and services productivity being supercharged by firms compensating for the post-pandemic jamming of the economy won’t show up in quarterly […]
German Factory Orders Unexpectedly Declined in April
ZURICH (MaceNews) – Orders for Germany’s manufacturing sector unexpectedly declined in April as large-scale orders fell, according to the latest data from the Federal Statistics Office (Destatis) in Wiesbaden. Factory orders fell 0.2 percent in April from the previous month, failing to meet expectations for a 1.0 percent increase according to the median of an […]
Fed’s Beige Book Sees ‘Somewhat Faster Rate’ of Activity, With Higher Prices, Disruptions Offset Somewhat by High Demand
WASHINGTON (MaceNews) – The Federal Reserve’s Beige Book survey of economic conditions coast to coast, prepared for the mid-June FOMC meeting, Wednesday reflected faster growth, higher prices, supply disruptions and firms struggling to cope while benefiting from strong demand coupled with inadequate hiring candidates. The survey, prepared by the Cleveland Federal Reserve Bank up to […]
Japan April Factory Output Rises To Pre-Pandemic Level on Capex Demand
— Japan’s METI Keeps View Output Picking Up Despite Fluctuations By Max Sato (MaceNews) – Japan’s industrial production marked the second straight rise in April, recovering to the pre-pandemic level, as solid demand for capital investment in chip-making equipment among others more than offset automobile output cutbacks caused by global semiconductor shortages, data released Monday […]
Saturday/Sunday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are the public schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data and for Federal Reserve events: The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, MAY 29, 2021 AND SUNDAY, MAY 30, 2021 On Saturday, the President has no public events scheduled. On […]
US Data Preview: Jobs Report, Beige Bk, ISMs and the Inflation-Deflation Conundrum
WASHINGTON (MaceNews) – Who cares if AMC is up more than 40% one hour and then down 2% another hour, that the U.S. Senate wears itself out going nowhere, that the Biden administration’s budget wish list sees growth back down to 2.2% then lower after next year. Not to worry, we’re at the beach – […]
US Data Preview: New Home Sales, Revised GDP/Personal Income, Durables Orders … and FOMO
WASHINGTON (MaceNews) – In the cryptos – fear, uncertainty and doubt. For U.S. stocks, hit “resume” already and stay there. For that U.S. 10-year yield, is it still under 1.65%? The fifth month of this recovery year is almost over and still things feel tentative. The reopenings are becoming universal and the return-to-the-office notices are […]