WHITE HOUSE WATCH COMMENTARY: ROGUE GOV CHALLENGES WHT HSE, CHAPTER TWO
By Denny Gulino WASHINGTON (MaceNews) – In this episode the carefully wrought White House guidelines for how to bring the U.S. economy back to life in the midst of a pandemic are still challenged by a rogue governor, but all is not the same as in the Tuesday night installment. To recap, the question posed […]
WHITE HOUSE WATCH: FINALLY, TIME TO GET THAT ‘FIRE FAUCI’ TATTOO
–Tension at the Top Over Pending Reopenings By Denny Gulino WASHINGTON (MaceNews) – Thank heavens, tattoo parlors will reopen in a week throughout Georgia. If you’re trying to decide between “Fire Fauci” and “Lock him (her) up,” we’ll leave it up to your good judgment. Your wife can stop in to the nail salon and […]
US ENERGY SECRETARY: INDUSTRY AID TO FOCUS ON EXISTING PROGRAMS
–Oil-Producing States Cooperating To Influence Oil Price A ‘Murky Area’ WASHINGTON (MaceNews) – U.S. Energy Secretary Dan Brouillette Tuesday said the Trump administration is unlikely to unveil brand-new measures to support the country’s battered oil and gas sector, and will instead leverage existing credit programs funded by emergency legislation. In an interview on CNBC, Brouillette […]
DATA FLASH: US EXISTING HOME SALES PLUNGE IN MARCH, FIRST OF MANY DIPS
–NAR’s Yun Sees Continued Disruptions, Lower Inventories, Higher Prices By Kevin Kastner WASHINGTON (MaceNews) – U.S. home resales slowed dramatically in March, falling by 8.5% to a 5.27 million annual rate after a February gain, the slowest pace since April 2019 and below the 5.40 million rate expected. The current month’s data still reflect some […]
WHITE HOUSE WATCH: IS OIL SPECIAL OR LOTS OF BOTTOMLESS HOLES?
By Denny Gulino WASHINGTON (MaceNews) – It’s the night of the living dead in Houston, where the unthinkable happened, oil became worthless. In fact, oil became even worse than worthless. It was a day so bad that you had to pay people to take it. If you were a trader who never took delivery, only […]
WHITE HOUSE WATCH: ‘DECLINING TRAJECTORY’ DOES NOT NECESSARILY MEAN DECLINING
By Denny Gulino WASHINGTON (MaceNews) – The first rule of virus reporting is to focus on what the virus is doing, despite the many distractions from the White House and statehouses, from anti-mitigation demonstrations to progress reports on testing and the chronic complaints of short supplies. On a beautiful Sunday in many parts of the […]
WHITE HOUSE WATCH COMMENTARY: HOPES VS REALITY? OR HOPES BECOME REALITY?
By Denny Gulino WASHINGTON (MaceNews) – The virus is still moving, killing more than 2,000 people in the United States for the fourth day in a row Friday and only for the fifth time ever. The death toll is leveling, on a deadly plateau. Except in those states like Illinois, where the daily death toll […]
IHME: VIRUS DEATHS MAY HAVE PEAKED TWO DAYS AGO; SOME OPENINGS POSSIBLE MAY 4
–Vermont, West Virginia, Montana, and Hawaii May See Early Reopening –Iowa, N/South Dakota, Nebraska, Utah, Arkansas, Oklahoma May Need to Wait Until Late June/Early July. WASHINGTON (MaceNews) – The following is the text of a summary of state-by-state analysis of Covid-19 spread and infection rates published Friday afternoon byone of the leading analysis projects, that […]
WHITE HOUSE WATCH COMMENTARY: THE REOPENING, CHAPTER ONE: THE QUESTIONS
By Denny Gulino WASHINGTON (MaceNews) – By one count there were 2,174 virus deaths in the United States in the latest 24 hours, not the worst day this week, yet the question that suggests itself is whether Thursday was the best day to encourage governors to start planning for recovery. “Our experts say the curve […]
NY FED’S WILLIAMS: TOO SOON TO KNOW SCALE OF ECONOMIC DISRUPTION
NEW YORK (MaceNews) – The full scale of economic fallout from the COVID-19 pandemic remains unknown, but the Federal Reserve has acted decisively to support recovery, New York Fed President John Williams said Thursday. “Although stresses in financial markets will not entirely abate until the pandemic is behind us, we have seen material improvements in […]