STATUS CHECK COMMENTARY- TESLA NEWS VS MODERNA NEWS – A TIE?

WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes. Was the big news of the day Moderna’s 94.5% efficacious vaccine candidate, sending that company’s stock up almost 10%, or Tesla being granted membership in the S&P 500 club beginning  Dec. 21, an […]

ANALYSIS: JAPAN FACES SLOW RIDE BACK TO PRE-COVID LEVEL OUTPUT

By Max Sato (MaceNews) – With luck, Japan’s economy has recovered about half of lost output amid the global pandemic and its momentum is lingering into the current quarter, but it is likely to lose steam in the New Year and could contract again. For an economy heavily dependent on China as a consumption and […]

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 […]

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 […]

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 […]

STATUS CHECK COMMENTARY- OF TRADITION AND LEGACY

WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. Veterans Day saw the opening of the National Museum of the United States Army, a beautiful huge structure situated in the immense Fort Belvoir, one of the U.S. military’s most high tech installations […]

STATUS CHECK COMMENTARY- BIDEN SEEKS CALM; OPPONENTS KEEP FIGHTING

WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. President-Elect Joe Biden sought to calm troubled waters Tuesday in a rare question and answer session following a speech repeating how important he views the Affordable Care Act. It was under review by […]

WEDNESDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Wednesday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, NOVEMBER 11, 2020 EST  9:30AM                        In-House Pool Call Time  10:45AM                      THE PRESIDENT and THE FIRST LADY depart the White House en route to Arlington, VA South Portico In-Town Travel Pool   10:55AM                      THE PRESIDENT and THE FIRST LADY arrive […]