WHITE HOUSE WATCH: TRAGIC VIRUS DISCONNECTS MAY BEGIN TO YIELD TO PHASE 3
By Denny Gulino WASHINGTON (MaceNews) – The sharply different accounts, stories of critical shortages from hospitals and medical personnel versus sweeping assurances from the White House, were in especially sharp contrast Friday while both sides looked to the new rules and mountains of money that finally became available with the day’s signing of Phase 3 […]
Data Flash: February Real PCE Up 0.1%, But March Plunge to Come
–US February Personal Income Up 0.6%, Nominal PCE Up 0.2%, Core Prices +0.2% –U.S. March Michigan Sentiment Index Revised Down to 89.1 By Kevin Kastner WASHINGTON (MaceNews) – Real Personal Consumption Expenditures rose by 0.1% in February, a second straight gain and a positive for first quarter consumption and GDP, the Commerce Department reported Friday. […]
WHITE HOUSE WATCH: GRUESOME VIRUS DEVELOPMENTS HARDLY NEWS ANY MORE
By Denny Gulino WASHINGTON (MaceNews) – Virus infection cases kept multiplying Thursday, death tolls kept going up, more governors and mayors ignored President Trump’s dream of packed churches on Easter and the U.S. kept mostly ignoring the kind of contact tracing that slowed the virus to a crawl elsewhere. By one count the U.S number […]
DATA FLASH: US INITIAL CLAIMS SOAR AS MILLIONS LAID OFF; MORE TO COME
–Initial Claims Jump by 3.001 Mln To Record 3.283 Mln By Kevin Kastner WASHINGTON (MaceNews) – With millions laid off in the March 21 due to business shutdowns, initial jobless claims surged to a record high level in Thursday’s data, and are likely to go further as displaced workers sign up for benefits and any […]
WHITE HOUSE WATCH: VIRUS ‘APEX’ WEEKS AWAY AS DEFENSES MOUNT
–Senate 90-0 Hands Phase 3 Over to the House for Final Passage –President Trump: ‘I’m Not Going to Do Anything Rash’ By Denny Gulino WASHINGTON (MaceNews) – A thousand distractions filled the news Wednesday, particularly promises contained in the pending congressional effort to replace trillions of dollars of income, pay for medical gear and rescue […]
DATA FLASH: US FEB DURABLE GOODS ORDERS +1.2%
–FHFA Home Price Index +0.3% By Kevin Kastner WASHINGTON (MaceNews) – US durable goods new orders rose solidly in February, but the headline number was almost entirely driven by a transportation surge, the Commerce Department reported Wednesday. Orders rose by 1.2% (-0.6% expected) in February but were down 0.6% (-0.3% expected) when a 4.6% jump […]
WHITE HOUSE WATCH: VIRUS STILL UNCHALLENGED, DOMINATING THE NARRATIVE
–President Trump Would Like ‘Beautiful’ Packed Churches on Easter -DJIA Up a Record 2112.98 Pts/11.4%; S&P Up 209.93/+9.3% -US Virus Death Tolls Goes Up By 129 in Latest 24 Hours By Denny Gulino WASHINGTON (MaceNews) – The corona virus, heedless of the new battle of narratives, is steadily spreading mostly unseen Tuesday in and beyond […]
WHITE HOUSE WATCH: MILLIONS FACE MONDAY WITHOUT JOBS, RELATIVES, FRIENDS
–Congress Hits a Speed Bump on the Way to Spending Nearly $2 Trillion By Denny Gulino WASHINGTON (MaceNews) – As U.S. cases of the corona virus now double every two and a half days, more than 84 million Americans are spending a bleak Sunday night facing a week ahead – and maybe months beyond either […]
WHITE HOUSE WATCH: VIRUS STILL OUTRACING US EFFORTS TO MEASURE, CONTAIN, COMPENSATE
–Tax Filing Deadline Moved to July 15; Mexico Border Sealed By Denny Gulino WASHINGTON (MaceNews} – The furious governmental efforts at all levels to cope with the increasing spread of the corona virus as a disease and as a crippler of the economy Friday did not seem to be keeping up with the steepening curve […]
WHITE HOUSE WATCH: ‘WAR-TIME’ PRESIDENT TAKES CONTROL OF FACTORIES
–Congress the Focus As Virus Aid Measure Proposals Balloon –‘Depression’ New Watchword As Deterioration Deepens -HUD, Fannie/Freddie Suspend Foreclosures/Evictions for 60 Days By Denny Gulino WASHINGTON (MaceNews) – What seemed premature and too extreme one day turns into corona virus response moves that appear to be too late the next day, and Congress grappled Wednesday […]