STATUS CHECK: NASDAQ WOWS; TRUMP REPEATS; SHELTON UP

WASHINGTON (MaceNews) – The following is Monday’s updated status check of developments in the U.S. that can influence economic, health and political outcomes: With the VIX down 4.13% to a calmer 24.60, the Nasdaq set another record in a big way, gaining 2.51% or 263.90 on the back of Tesla (+9.47% to record high), Peloton […]

WHITE HOUSE WATCH COMMENTARY: AN AMERICAN METEMPSYCHOSIS?

By Denny Gulino WASHINGTON (MaceNews) – Some say Donald Trump has turned himself into a cultural anachronism. Some say his single-minded push to reopen schools is grotesque as the virus resurges. All the lies, or self deceptions or delusions – China is paying the tariffs; the virus spikes are because of all the testing; it […]

WHITE HOUSE WATCH COMMENTARY: NECESSITY BRINGS INNOVATION AMID TURMOIL

By Denny Gulino WASHINGTON (MaceNews) – Who would have guessed you can track government spy planes above Washington protests via certain Web sites, or that a bankrupt Hertz can consider issuing stock or that the ubiquity of smartphones would transform the legacy of slavery forever? We’re learning so much as 2020’s second half begins. That […]

USTR LIGHTHIZER CASTS CHINA RELATIONSHIP IN ROSY HUES

–Doing OK in Adherence to Phase 1 Commitments –China Pullback in Ag Purchases ‘Not True.’ NEW YORK (MaceNews) – President Trump’s top trade negotiator Thursday cast U.S.-China relations, at least in his sphere, in unexpectedly positive terms and called reports of a setback in purchases of U.S. soybeans perhaps the result of “disinformation.” U.S. Trade […]

PRES TRUMP CLEARS PATH THROUGH PROTEST TO STAND AT ST. JOHN CHURCH

–‘Law and Order’ President Threatens  Military Force Across Couintry By Denny Gulino WASHINGTON (MaceNews) – President Trump Monday posed with a Bible at a vandalized church across the street from the White House along with his defense secretary and attorney general declaring he is ending rioting and arson even if it takes active military force. […]

DATA FLASH: US INITIAL CLAIMS SLOW FURTHER; DURABLE GOODS ORDERS PLUNGE

–Initial Claims – 323,000 to 2.123 Mln; 37.2 Mln  Total Under COVID–Durable Goods New Orders  -17.2%; Shipments -17.7%–Q1 GDP Revised Down To -5.0% Vs -4.8%, PCE -6.8% By Kevin Kastner WASHINGTON (MaceNews) – The U.S. data released earlier Thursday offered few surprises, with the level of initial claims continuing to slide, durable goods orders down […]

WEDNESDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) -The following is the White House public schedule for Wednesday: DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, MAY 27, 2020 EDT 10:00AM                        In-House Pool Call Time 11:20AM                       Out-of-Town Pool Call Time 11:00AM                       THE PRESIDENT participates in a meeting with the Governor of New York Oval Office    Closed Press 12:20PM                        THE PRESIDENT […]

WHITE HOUSE WATCH COMMENTARY: AN INCONSEQUENTIAL VIRUS OBITUARY

By Denny Gulino WASHINGTON (MaceNews) –  With by one count 93,382 deaths blamed on the corona virus through Wednesday, each one a life-altering  tragedy for a family, there is hardly any point chronicling the death of an inanimate process which few could care about or should. Yet the passing of the early morning ritual of […]

FED’S POWELL/US TSY’S MNUCHIN: MAIN ST LENDING MAYBE BY EARLY JUNE

–June To Be Very Difficult for Jobs –Ready to Take Losses on Emergency Loans WASHINGTON (MaceNews) – Even as parts of the economy sputter into a small-scale reactivation hundreds of billions of dollar of government support are poised to be deployed beginning in the next two weeks, the Treasury secretary and Federal Reserve chairman said […]