EURO-AREA ECONOMIC SENTIMENT STAGNATED IN OCTOBER
By Marco Babic ZURICH (MaceNews) – The recovery in economic sentiment for the euro-area economies which had been improving steadily since May stalled in October, according to the latest report Thursday from the European Commission. The Economic Sentiment Indicator (ESI) for countries sharing the euro was 90.9 in October, matching the level recorded in September, […]
STATUS CHECK COMMENTARY – IT ONLY SEEMS LIKE GROUNDHOG DAY
WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · Gee, stocks tanked. The Dow down 943 points. You mean there’s no stimulus package from Washington? Who knew? There’s a surge in coronavirus cases now, in the fall? Why didn’t somebody say […]
STATUS CHECK – LOTS OF VOTING, LOTS OF CAMPAIGNING, AND IN PHILLY, LOTS OF LOOTING
WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · The presidential campaign at fever pitch with a week to go: FLOTUS delivered her one campaign speech Tuesday, in Atglen, Pennsylvania. The media painted a picture of “my husband that I don’t […]
STATUS CHECK ANALYSIS – WHERE THE BUFFALO ROAM – WITH NO MASKS
WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · How many “gotchas” to go? Mockery and sarcasm, let’s go before time runs out. And above all, let’s not be too introspective and examine some of the fundamental assumptions American society has […]
STATUS CHECK – THE FINAL FRENETIC STRETCH
WASHINGTON (MaceNews) – The following is Friday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · Scroll down Saturday’s White House schedule elsewhere on this macenews.com site. It’s something to see, testament to the whirlwind frenetic campaigning for a president who really, really doesn’t want to lose. First […]
DATA PREVIEW: GDP WILL REBOUND FOR Q3, BUT NOT NEARLY ENOUGH
By Kevin Kastner WASHINGTON (MaceNews) – After the 31.4% plunge in second quarter GDP, there is no doubt that economic growth partially rebounded in the third quarter, data to be released Thursday will show. Consumption, home building and business activity all improved drastically from the lockdown-period of the previous quarter. But it will be a […]
JAPAN GOVERNMENT SEES CONSUMPTION PICKUP; OVERALL ECONOMIC VIEW STAYS CAUTIOUS
By Max Sato (MaceNews) – Japan’s government on Friday upgraded its assessment of private consumption for the first time in three months after downgrading it only last month, while maintaining its cautious view of overall domestic economic health amid a global spike in coronavirus cases. The government Cabinet Office report described the current state of […]
STATUS CHECK – THE DEBATE AS SEEN THROUGH DIFFERENT FILTERS
WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · The transfixing Presidential Debate was an actual event now fixed in history forever and yet it was seen as completely different things through the eyes and ears somehow transformed into filters by […]
JAPAN SEPT CORE CPI -0.3% Y/Y VS. AUG -0.4% ON SMALLER HOTEL FEE DROPS
–BOJ Sees Core Price Drop Continuing By Max Sato (MaceNews) – The global pandemic continued to depress Japanese consumer prices in September as economic activity remained restrained amid slower declines in energy costs, but the year-on-year decline was slightly smaller than expected in light of less drastic cuts in tourism prices, data from the Ministry […]
DATA FLASH: U.S. SEPTEMBER EXISTING HOME SALES, PRICES SURGE
–Existing Home Sales +9.4% to a 6.54 Million Rate, High Since May 2006 By Kevin Kastner WASHINGTON (MaceNews) – U.S. existing home sales advanced further in September, hitting the highest point since May 2006. National Association of Realtors Chief Economist Lawrence Yun said Thursdsay that it was “another spectacular month” for sales and prices but […]