STATUS CHECK – FROM THE SEAT OF POWER, POWERLESSNESS AS VOTES TOTALED
WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. The networks plodded on Wednesday night, with nothing much new to report, as talking heads artfully kept the ball rolling, even if it was in circles, waiting. President Trump was watching, likely clicking […]
STATUS CHECK – ‘WE’RE GOING TO WIN’ THEY BOTH SAID
WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · The election is far from decided at this midnight hour but it’s clear the blue wave was a fantasy, that the race turned out to be very tight with most states that […]
STATUS CHECK COMMENTARY – OK, NO VOTER APATHY. WHAT’S NEXT?
WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · So many voters. So many of them early voters, about a hundred million. A nation’s electorate energized, an outpouring of civic determination. A tidal wave of turnout already accomplished and projected. And […]
EUROZONE OCTOBER MANUFACTURING PMIS HIT TWO-YEAR HIGH
–Germany Accounts For Much Of Rise By Laurie Laird LONDON (MaceNews) — Business activity at European factories accelerated to a more than two-year high in October, according to purchasing managers’ indexes released by IHS Markit on Monday, confirming the European Central Bank’s forecast of continuing industrial strength. The Eurozone manufacturing PMI jumped to 54.8 last […]
STATUS CHECK COMMENTARY – COMING UP, CATHARSIS, HEALING?
WASHINGTON (MaceNews) – The following is Friday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · Saturday makes it three days. Three days until catharsis, healing and finally a truce in the culture wars. You could see it on Fox News, where Sean Hannity was mellowing, praising candidate […]
DATA PREVIEW: OCTOBER EMPLOYMENT REPORT TAKES A RARE BACKSEAT
By Kevin Kastner WASHINGTON (MaceNews) – It takes a lot to knock the employment report off its perch as the week’s most important economic event, but that will be case in the upcoming week. By the time we get to Friday’s release for October, fatigue may have set it. Obviously, the main event for the […]
DATA FLASH: US SEPTEMBER PERSONAL INCOME REBOUNDS, PCE JUMPS
–US Sept Personal Income +0.9% After -2.5% in August, Savings Rate 14.3%–Nominal PCE +1.4%, Real PCE +1.2%; Core Prices +0.2%–Chicago PMI Slips to Still-Strong 61.1 in October from 64.2 in September–Oct Michigan Sentiment Index Revised Up to 81.1, Vs 80.4 in September By Kevin Kastner WASHINGTON (MaceNews) – Personal income rebounded in September, reflecting a […]
STATUS CHECK COMMENTARY – STOWING THE AMMO BEFORE ELECTION DAY
WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · Does anyone still care that House Speaker Nancy Pelosi and Treasury Secretary Stephen Mnuchin exchanged letters, each listing the deficiencies in the other’s position on pandemic relief. Suffice to say they’re far […]
JAPAN SEPT FACTORY OUTPUT ON PICKUP TREND BUT LEVEL STILL LOW
(MaceNews) – Japan’s industrial production continued to crawl out of a pandemic-caused plunge seen in the spring on recovery domestic and overseas demand, marking a fourth straight month-on-month gain in September, but the level of output remains low, preliminary data released Friday by the Ministry of Economy, Trade and Industry showed. The key points from […]
JAPAN TOKYO CORE CPI -0.5% Y/Y VS SEPT -0.2% ON WEAKER ENERGY, PROCESSED FOOD
(MaceNews) – Consumer prices in Tokyo, a leading indicator of the national average, turned weaker in October in the face of lower energy costs and a slower rise in processed food prices as well as the government program to support the pandemic-hit tourism industry with hotel discounts, data from the Ministry of Internal Affairs and […]