WHITE HOUSE WATCH: STOCKS SOAR AS TRADERS SEE HOPE IN CHINA COMMENTS

By Denny Gulino THE WHITE HOUSE (MaceNews)  – The statement from China’s Ministry of Commerce could have been more definitive yet it certainly wasn’t the negative declaration some had anticipated, so it was off to the “risk on” races Thursday. The Dow industrials and the S&P 500 held gains of around 1.4% through mid afternoon, […]

WHITE HOUSE WATCH: MKTS HOPE NO NEWS ON CHINA IS GOOD NEWS

By Denny Gulino THE WHITE HOUSE (MaceNews) – Yes, there were calls with China officials the White House insists, as the clock ticks toward the Sunday imposition of the first phase of higher tariffs on many China products. China officials on Wednesday still withheld confirmation of any talks, either telephone calls in the past or […]

WHITE HOUSE WATCH UPDATE: WAITING FOR TRUMP TO BACK OFF OR AFFIRM SUNDAY’S TARIFFS

By Denny Gulino THE WHITE HOUSE (MaceNews) – President Donald Trump kept his tweets coming Tuesday afternoon, again slamming the Federal Reserve while staying away from the topic of China as he has since returning from the weekend in France. One of the other Trumps – “live” Trump – had repeatedly declared China’s Xi Jinping […]

WHITE HOUSE WATCH UPDATE: G7 ALLAYS CHINA FEARS – AT LEAST UNTIL NEXT TWEETS

–Trump Resumes Tweets From Air Force One, But No China By Denny Gulino THE WHITE HOUSE (MaceNews) – As markets listened to President Trump’s serial news conferences from Biarritz Monday morning, first with India Prime Minister Narendra Modi, then with French President Emmanuel Macron and finally by himself, the skepticism about those impending talks with […]

JULY JOBS RPT HO MUM; WAITING FOR CHINA COUNTERPUNCH

–No Turnaround in Year’s Worsening Trade Deficit Trend –Treasury 10-Year Keeps 1.88% Yield, Cut By New Tariff Threat By Denny Gulino WASHINGTON (MaceNews) – July’s moderate increase in payrolls reported Friday – 164,000 – was balanced by a cutback in hours and no acceleration in sub-par wage growth, headlining a U.S. jobs report overshadowed by […]

TRUMP-XI MAINTAIN CURRENT TARIFFS, RESTART TALKS FOR 12TH ROUND

–US Chipmakers Can Again Sell to Huawei; China Can Resume U.S. Ag Buys (MaceNews) – The Osaka Castle weekend agreement between U.S. President Donald Trump and China’s Xi Jinping altered the immediate trade landscape significantly, held new tariffs in abeyance “for the time being” and opened the way for another round of talks while freezing […]