ECB’S LAGARDE URGES GOV’T, PRIVATE EQUITY SUPPORT FOR EUROPEAN TECH
–Lagarde Makes No Mention of Monetary Policy in Address to Frankfurt Banking Conference By Laurie Laird LONDON (MaceNews) – Up-and-coming European technology firms could greatly benefit from more extensive support from governments and from the private equity industry, according to the continent’s top central banker, outlining her views on the future of employment in a post-Covid […]
STATUS CHECK COMMENTARY- HISTORIC AND DARK, THE BATTLE INTENSIFIES
WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes. The charm and wonder of Donald Trump’s machinations to tarnish the presidency of Joe Biden took a decidedly darker turn Thursday as the president took a step that might become more than a […]
JAPAN OCT CPI DROP DEEPER ON WEAKER ENERGY, GOVT-FINANCED TRAVEL DISCOUNTS
By Max Sato (MaceNews) – Japanese consumer prices posted a sharper drop in October as energy costs were slow to recover amid the global pandemic and the government campaign to save the hard-hit tourism industry by subsidizing hefty discounts had a wider impact, data from the Ministry of Internal Affairs and Communication released Friday showed. […]
DATA FLASH: U.S. OCTOBER EXISTING HOME SALES ADVANCE FURTHER
–Existing Home Sales Rise by 4.3% to a 6.85 Million Rate, High Since Feb 2006 By Kevin Kastner WASHINGTON (MaceNews) – U.S. existing home sales surged again in October are now at the highest point since February 2006. National Association of Realtors Chief Economist Lawrence Yun said the data are “amazing” and noted that 2020 […]
ECB’S LAGARDE: ASSET PURCHASES, CHEAP FINANCING ARE KEY TOOLS VS LATEST DOWNTURN
By Laurie Laird LONDON (MaceNews) – Europe’s top central banker suggested that expanded asset purchases and enhancements to the Bank’s long-term finance scheme are best suited to counter the latest eurozone downturn, while urging national governments to keep the fiscal taps flowing. “While all options are on the table, the pandemic emergency purchase programme (PEPP) […]
STATUS CHECK COMMENTARY- EMPTY CLASSROOMS AGAIN; MORE COMING WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. The order to close New York City schools beginning Thursday was unwelcome in the extreme but Mayor Bill de Blasio said it was necessary. The […]
THURSDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Thursday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, NOVEMBER 19, 2020 EST 10:00AM In-House Pool Call Time THE PRESIDENT has no public events scheduled. ### — Content may appear first or exclusively on the Mace News premium service. For real-time email delivery contact tony@macenews.com. Twitter headlines […]
WEDNESDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Wednesday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, NOVEMBER 18, 2020 EST 10:00AM In-House Pool Call Time THE PRESIDENT has no public events scheduled. […]
STATUS CHECK COMMENTARY- THE ELECTIONS WERE FRAUD-FREE? YOU’RE FIRED.
WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. “He had rid himself of the red sickness of battle.” So wrote Stephen Crane, in “The Red Badge of Courage.” Which relates to this presidential tweet: “The recent statement by Chris Krebs on […]
JAPAN OCT EXPORT DROP SMALLER THAN FORECAST AMID GRADUAL PICKUP
By Max Sato (MaceNews) – Japanese exports stayed on course toward gradual recovery in October, marking a much smaller year-on-year drop than expected, thanks to solid demand for automobiles and semiconductor-making equipment, trade data released Wednesday by the Ministry of Finance showed. But both economists and Japanese policymakers warn that the outlook for external demand […]