STATUS CHECK – BRACED FOR A PRESIDENTIAL DEBATE – ABOUT FAMILY
WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · The dearth of much actual news on the day before the final presidential debate was a challenge for news producers everywhere Wednesday. Barack Obama began campaigning on the ground for Joe Biden […]
FED’S BEIGE BK: AS-EXPECTED ‘SLIGHT TO MODEST’ EXPANSION
WASHINGTON (MaceNews) – The Federal Reserve’s latest Beige Book survey of economic activity through the 12 regional bank districts Wednesday found little evidence of any V-shaped recovery, instead seeing “slight to modest” improvements in most regions. Assembled by the St. Louis Fed, the survey prepared for the next Federal Open Market Committee meeting Nov. 4-5 […]
STATUS CHECK – WE KNOW, JUST 14 DAYS
WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · Fourteen days until … of course it is, and the wait is getting excruciating for a lot of people. After all, waiting four hours in line waiting to vote, as in Green […]
DATA FLASH: SEPTEMBER HOUSING STARTS REBOUND ON SINGLE-FAMILY
–Housing Starts Rose By 1.9% to 1.415 Mln SAAR with Single-Family Up 8.5% By Kevin Kastner WASHINGTON (MaceNews) – The U.S .September home building data, released Tuesday, continued to represent the shift toward single-family homes and away from condos and apartments as buyers seek more space and larger homes since the COVID-19 quarantines. The pace […]
ITALY BANKS’ NET BAD LOANS FELL TO E24 BLN IN AUGUST
Bt Silvia Marchetti ROME (MNI) – The volume of Italy banks’ net bad loans fell to E24 billion in August, down from E32 billion a year ago and E40 billion in 2018, Italy’s Banking Association ABI said Tuesday in a report. Since November 2015, when the highest peak in bad loans reached E89, there has […]
STATUS CHECK – OF BALLISTIC TRAJECTORIES AND DIGITAL CURRENCY
WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · Fifteen days until Election Day but already a feeling settling in that the ballistic trajectory has been set and that although we don’t know the outcome, it has been decided. Thirty million […]
JAPAN SEPT EXPORT DROP SLOWS ON CHINA, US PICKUP; TRADE IN SURPLUS
By Max Sato (MaceNews) – The year-on-year rate of decline in Japanese exports slowed again in September as demand for some goods is picking up amid slowly reopening businesses in parts of the pandemic-hit global economy, trade data released Monday by the Ministry of Finance showed. The key points: * Exports marked the 22nd straight […]
STATUS CHECK – GUESS WHICH CAMPAIGN FRIDAY CHANTED ‘CNN SUCKS’
WASHINGTON (MaceNews) – The following is Friday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · President Trump’s campaign Friday night marched on, in Macon, Georgia. Pool reporter Rob Crilly who works for the Washington Examiner, described the scene: “It was dark by the time POTUS took the stage […]
DATA PREVIEW: LOW RATES, HURRICANE AND FIRE DAMAGE LIFT HOME BUILDING
By Kevin Kastner WASHINGTON (MaceNews) – The housing sector has been on a general upward trend for the last several months, fueled by record low mortgage rates. Home building and sales tumbled at the beginning of the pandemic due to uncertainty and social distancing. But the Federal Reserve’s stance of low rates for a long […]
DATA FLASH: RETAIL SALES SURGE, UP 1.9% IN OCTOBER
–Retail Sales Ex-Vehicles Rise 1.5% On Widespread Gains–Industrial Production Falls 0.6% On Utilities/Manufacturing, Mining Up–University of Michigan Sentiment Rose to 81.2 in Early-October–Business Inventories Up 0.3% in August, Business Sales Up 0.6% By Kevin Kastner WASHINGTON (MaceNews) – Retail sales rose for the fifth straight month in September, with gains in almost every sales category […]