STATUS CHECK COMMENTARY- DIVERSITY OF OPINION OR MUTUAL HATRED?
WASHINGTON (MaceNews) – The following is Friday’s status check of developments in the U.S. that can influence economic, health and political outcomes. Quote of the week: “You know what’s really uncomfortable and annoying? When you die.” That’s New Jersey Gov. Phil Murphy, of course. The quote has been played through the day cablewise so it’s […]
SATURDAY/SUNDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is the public White House schedule for Saturday and Sunday: WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, NOVEMBER 14, 2020, THROUGH SUNDAY, NOVEMBER 15, 2020 Saturday, November 14, 2020 EST 8:30AM In-House Pool Call Time THE PRESIDENT has no […]
JAPAN Q3 GDP FORECAST TO SHOW SOME RECOVERY FROM Q2 PLUNGE
By Max Sato (MaceNews) – Japan’s gross domestic product for the July-September quarter is forecast by economists to show a 4.4% rise on quarter, or an annualized 19.0%, led by a rebound in net exports and consumer spending, recovering about half of the 7.9% plunge (28.1% annualized) in April-June caused by the pandemic. The median […]
DATA PREVIEW: RETAIL SALES PAYBACK DUE AFTER BRISK SEPTEMBER
By Kevin Kastner WASHINGTON (MaceNews) – A surprise jump in September retail sales, led by a surge in motor vehicle sales, was a blip in what appears to be a continued slowing trend in sales growth. October retail sales should rise only modestly when released next Tuesday following an outsized 1.9% jump in September. While […]
NY FED’S WILLIAMS DOWNPLAYS MARKET TALK OF INFLATION RESURGENCE
By Laurie Laird LONDON (MaceNews) – A key U.S. rate setter Friday poured cold water on recent market chatter of an uptick in inflation, predicting a slowdown of the economic recovery which is likely to keep a lid on price pressures. Growth “in the fourth quarter and maybe into next year will slow somewhat,” said John […]
STATUS CHECK COMMENTARY- ELVIS IS LEAVING THE BUILDING – NOW WHAT?
WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes. A day like other days since the election, a president retweeting millions of Trump votes were “deleted” and Twitter tagging that and others as “disputed.” The retweet was from a posting by the […]
FRIDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Friday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, NOVEMBER 13, 2020 EST 10:00AM In-House Pool Call Time 12:00PM THE PRESIDENT receives an update on Operation Warp Speed Oval Office Closed Press ### — Content may appear first or exclusively on the Mace News premium service. For real-time email […]
ECB, BOE SEE NO SILVER BULLET IN COVID VACCINE
–Both CenBanks Expected to Adjust Policy in December –Fed’s Powell Sees More Tech-Oriented, Less Job-Oriented Recovery By Laurie Laird LONDON (MaceNews) – Europe’s top central bankers welcomed the positive news on a Covid vaccine unveiled earlier this week, but warned that the region faces more economic pain before an inoculation becomes widely available. European Central […]
DATA FLASH: US OCTOBER CPI FLAT; JOBLESS CLAIMS FALL 48,000
–Core Prices Flat, Both Including and Excluding Energy Prices–Energy Prices Rose By 0.1%, But Gasoline Prices Down 0.5%. By Kevin Kastner WASHINGTON (MaceNews) – The October consumer price data were below expectations, with flat readings for both headline and core CPI. Both measures were expected to rise by 0.2%. The year/year rates for consumer inflation […]
BOE GOVERNOR DOWNPLAYS FEARS OF UK ECONOMIC SCARRING
— Declines to provide timeframe for consideration of negative interest rates By Laurie Laird LONDON (MaceNews) – The U.K. may escape significant economic scarring as a result of the Covid epidemic, particularly if an effective vaccine becomes widely available in 2020, according to the country’s top central banker. The Bank of England’s fears of permanent […]