DATA PREVIEW: STIMULUS GRIDLOCK, COVID CUTS INTO CONFIDENCE
By Kevin Kastner WASHINGTON (MaceNews) – The inability to pass new stimulus measures in the face of rising COVID-19 cases likely had a dampening effect on consumer confidence in August, even as interest rates have hit rock-bottom, gasoline prices are low and with the U.S. stock markets to a large extent having eclipsed their pre-COVID […]
DATA FLASH: EXISTING HOME SALES NOW IN ‘BOOMING PHASE’
-Existing Home Sales Surge by 24.7% to a 5.86 Mln Rate, High Since 2006-Supply Continues To Contract, Lifting Prices To Record High-Markit Flash Data Rise, Contradicting Regional Data to Date By Kevin Kastner WASHINGTON (MaceNews) – U.S. existing home sales surged to a 14-year high in July on record low mortgage rates and an increased […]
FRIDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Friday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, AUGUST 21, 2020 EDT 10:00AM In-House Pool Call Time 10:45AM THE PRESIDENT departs the White House en route to Arlington, VA West Executive Avenue In-Town Travel Pool 10:55AM THE PRESIDENT arrives at the Ritz-Carlton, Pentagon City Arlington, VA In-Town […]
DATA FLASH: US INITIAL CLAIMS, PHIL FED INDEX DISAPPOINTS
–-Initial Claims +135,000 to 1.106 Mln In August 15 Week–-Philadelphia Fed Index Falls to 17.2 in August from 24.1 in July–-Leading Indicators Index Rises 1.4%/July, But Suggests Recovery Slowing By Kevin Kastner WASHINGTON (MaceNews) – The future of the enhanced jobless claims program remains uncertain as talks between the Administration and Congress have gone silent, but […]
EXCLUSIVE-DALLAS FED’S KAPLAN FOR ‘RESTRAINT’ IN DOING MORE MONETARY STIMULUS
–‘Quite A Ways’ From Considering Rate Hikes, But Cautions About More QE –Concerned About Dollar, Potential Longer Run Inflation, Financial Instability By Steven K. Beckner (MaceNews) – Dallas Federal Reserve Bank President Robert Kaplan said the Fed is “quite a ways” from considering raising interest rates, but advocated “restraint” in doing more to stimulate the […]
THURSDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Thursday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, AUGUST 20, 2020 EDT 9:00AM In-House Pool Call Time 12:20PM Out-of-Town Pool Call Time 11:00AM THE PRESIDENT participates in the arrival of the Prime Minister of the Republic of Iraq West Wing Lobby Closed Press 11:05AM THE PRESIDENT participates in a […]
STATUS CHECK: IF YOU CAN’T SAY SOMETHING NICE … SPEAK AT THE DNC
WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes: The exposition of democratic ideals brought down to Earth or simply a political culture war, the insults flew, the arrows of invective were launched at the enemy, the Democrats railed against the man […]
FOMC MINUTES AS EXPECTED, WITH LESS INTENSITY THAN SUBSQUENT COMMENTS
WASHINGTON (MaceNews) – The Federal Open Market Committee minutes released Wednesday offered no insights into Fed thinking beyond what has been revealed in participant comments since the meeting, in some cases with considerably less emphasis, that uncertainty is high and that downside risks are prevalent. Recent comments by Boston Fed President Eric Rosengren and Dallas […]
WEDNESDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Wednesday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, AUGUST 19, 2020 EDT 10:00AM In-House Pool Call Time 1:00PM THE PRESIDENT receives his intelligence briefing Oval Office Closed Press — Content may appear first […]
STATUS CHECK: ALL TOGETHER NOW, LET’S POLARIZE FURTHER
WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes: Democrats and President Trump and some Republicans and President Trump traded insults through the day and into prime time. “Colin Powell is a Neocon WMD hoaxer, so of course he’s appearing at the […]