STATUS CHECK – AT LAST, ANOTHER ROUND OF PANDEMIC RELIEF – ALMOST
WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. Suddenly the clouds are parting and a compromise on another round of pandemic relief money is now the expected outcome of further talks between Treasury Secretary Stephen Mnuchin Thursday. The Capitol newspaper Roll […]
JAPAN DATA: BOJ SEPT. TANKAN SHOWS BUSINESS SENTIMENT UP SLIGHTLY
By Max Sato TOKYO (MaceNews) – Major Japanese firms, led by carmakers and electronics makers, reported their sentiment edged up in September from three months earlier as businesses in their key markets reopened cautiously amid the lingering coronavirus pandemic, according to the Bank of Japan’s quarterly Tankan business survey released Thursday. The key points from […]
DATA FLASH: US SECOND QUARTER GDP REVISED UP TO -31.4%
––Second Quarter PCE Revised Up to -33.2% From -34.1% Previously By Kevin Kastner WASHINGTON (MaceNews) – Second quarter U.S. GDP Wednesday was revised up slightly due to upward adjustments to consumption and residential fixed investment. Analysts will look past this data and toward the third quarter’s likely partial recovery. Second quarter GDP was revised up […]
BANK OF ENGLAND CHIEF CONTINUES TO REVIEW NEGATIVE RATES; DOWNPLAYS IMMINENT RATE CUT
By Laurie Laird LONDON (MaceNews) – The Bank of England is continuing to review the efficacy of negative interest in the UK, but the country’s leading central banker Tuesday downplayed the possibility of any policy change over the near term. The Bank is “doing the groundwork” on the benefit of sub-zero rates, but has “reached […]
DATA FLASH: US SEPTEMBER CONFIDENCE SURGES; OUTLOOK IMPROVED
–-Confidence in Both Current Conditions, Expectations Jump By Kevin Kastner WASHINGTON (MaceNews) – The Conference Board’s U.S. consumer confidence index Tuesday surged to a reading of 101.8 in September, the strongest reading since March, from an upward revised 86.3 reading in August. The Conference Board noted both the current conditions reading and future expectations rose […]
EUROZONE ECONOMIC SENTIMENT SHOWS IMPROVEMENT BUT PACE SLOWS
By Marco Babic ZURICH (MaceNews) – Economic sentiment in the countries sharing the Euro improved in September, but at a slower pace than in previous months, the European Commission reported Tuesday. The Commission’s Economic Sentiment Indicator (ESI) rose to 91.1 in September, an improvement of 3.6 points from the 87.5 result in August. By comparison, […]
STATUS CHECK: THE GREAT DEBATE DRAWS THE NAT’L GUARD TO CLEVELAND
WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes. Finally, the time has arrived for the Great Debate. Americans will be making popcorn, waiting to witness the Tuesday night battle of the major political gladiators of our time. The American Demosthenes vs. […]
STATUS CHECK: GOODBYE RBG; NOW YEARS, MAYBE DECADES OF SOMETHING ELSE
WASHINGTON (MaceNews) – The following is Friday’s status check of developments in the U.S. that can influence economic, health and political outcomes. It was 12:53 in the afternoon, eastern time, when the hearse carrying Ruth Bader Ginsburg began to leave the Capitol grounds, the casket having been precisely positioned inside by the stiff military honor […]
DATA PREVIEW: JOBS REPORT COULD SEE 1-2-3 PUNCH FROM HURRICANES
By Kevin Kastner WASHINGTON (MaceNews) – The September employment report could be hit with a triple shot from Hurricanes Marco, Laura, and Sally, adding to the already-slowing pace of gains seen over the last three months. Hurricane Marco slammed into the Gulf Coast on August 24, followed swiftly by Hurricane Laura on August 27, both […]
STATUS CHECK: SOLEMNITY AND THE USUAL DISCORDANT NOTES
WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes. The quiet day-long procession of Americans paying respect to Ruth Bader Ginsburg was the day’s solemn background music, an impressive tribute to a remarkable woman. And then President Trump came by, wearing a […]