US Data Preview: CPI, Retail Sales, Housing Starts
WASHINGTON (MaceNews) – This current month and in May is when the inflation rate is finally going to hit the Fed’s target of 2% and we begin riding the “transitory” express, waiting for the ride back down. At least that’s what Federal Reserve Gov. Lael Brainard told us late last month about negative comps. “The […]
IMF’S WORLD ECONOMIC OUTLOOK: WORLD GROWTH REVISED +0.3 TO 5.5%
WASHINGTON (MaceNews) – The International Monetary Fund’s January update to its World Economic Outlook Tuesday saw world growth revised up 0.3 to 5.5%, fueled by a vaccine-propelled recovery. Last year’s performance benefited from a stronger than previously seen second half and it was revised up 0.9 to a contraction of 3.5%. U.S. growth was revised […]
US LABELS SWITZERLAND, VIETNAM CURRENCY MANIPULATORS; NOT CHINA
–Tracking China Interventions ‘Closely’ By Denny Gulino WASHINGTON (MaceNews) – The U.S. Treasury Department Wednesday signaled that Switzerland and to a much lesser extent Vietnam are manipulating their currencies, in part at least, for a competitive advantage in trade while China, having briefly been so designated up until January, was not included. Switzerland renewed its […]
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 […]
STATUS CHECK: DANCING AWAY FROM GRIM 200,000
WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes Yes, everyone is focusing on the obscene 200,000 death toll, actually 201,800 by one count by now, just as “Status Check” did Monday night. And 33 states now seeing higher case rates again, […]
STATUS CHECK: MANY STORIES, MUCH POLITICS, ONE BIG REALITY
WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes Top of the Monday news, simply the 200,000 coronavirus deaths in the United States. OK, maybe 182 short of that according to John Hopkins University of Medicine. By Tuesday it will be there. […]
CHINA-US TECH WAR: US GOVT TO BLOCK NEW DOWNLOADS, UPDATES OF TIKTOK, WECHAT
By Brai Odion-Esene, SW4 Insights for Mace News WASHINGTON (MaceNews) – In an escalation of the ongoing China-U.S. tech war, the U.S. Commerce Department Thursday announced restrictions on new downloads and updates of two popular Chinese-owned mobile apps – WeChat and TikTok – citing a need to safeguard the national security of the United States. […]
STATUS CHECK: HOLD HANDS AND REPEAT: YES, THERE WILL BE VIRUS RELIEF LEGISLATION
WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes: Now at the top of the agenda, the negotiations that went another three hours, breaking up at a late hour in House Speaker Pelosi’s office on that legislation restoring some kind of enhanced […]
STATUS CHECK: TREASURY TO BORROW $1 TRILLION MORE, OR MAYBE $2 TRILLION
WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes: · Phase 4 or otherwise known as the next corona virus relief legislation is slowly – very slowly – coming together on Capitol Hill, with two and a half hours of talks Monday […]
STATUS CHECK: NEXT WK, FOMC AND US GDP. MORE NASDAQ WOES?
WASHINGTON (MaceNews) – The following is Friday’s’ status check of developments in the U.S. that can influence economic, health and political outcomes: The VIX stayed about the same at 25.84 Friday after U.S. stocks were modestly negative for a second day. The DJIA finished -0.68%/-`82.94 and off 0.76% for the week. S&P -0.67%/-20.03 and also […]