STATUS CHECK – LOTS OF VOTING, LOTS OF CAMPAIGNING, AND IN PHILLY, LOTS OF LOOTING
WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · The presidential campaign at fever pitch with a week to go: FLOTUS delivered her one campaign speech Tuesday, in Atglen, Pennsylvania. The media painted a picture of “my husband that I don’t […]
DATA FLASH: US OCTOBER CONFIDENCE SLIPS ON DECLINE IN OUTLOOK
–Confidence in Current Conditions Improves, Expectations Down By Kevin Kastner WASHINGTON (MaceNews) – The Conference Board’s U.S. consumer confidence index fell to a reading of 100.9 in October from a downward revised 101.3 reading in September. The Conference Board Tuesday noted that most consumers see little improvement in the economy through the end of the […]
GERMAN BUSINESS CONFIDENCE FALLS IN OCT AS EXPECTATIONS DIM
By Marco Babic ZURICH (MaceNews) – German business confidence fell in October for the first time in five months, as companies become more concerned about the business outlook in the months ahead due to an increase of COVID-19 cases. The Ifo Institute’s Index of business sentiment Monday fell to 92.7 in October from a revised […]
STATUS CHECK – THE FINAL FRENETIC STRETCH
WASHINGTON (MaceNews) – The following is Friday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · Scroll down Saturday’s White House schedule elsewhere on this macenews.com site. It’s something to see, testament to the whirlwind frenetic campaigning for a president who really, really doesn’t want to lose. First […]
DATA PREVIEW: GDP WILL REBOUND FOR Q3, BUT NOT NEARLY ENOUGH
By Kevin Kastner WASHINGTON (MaceNews) – After the 31.4% plunge in second quarter GDP, there is no doubt that economic growth partially rebounded in the third quarter, data to be released Thursday will show. Consumption, home building and business activity all improved drastically from the lockdown-period of the previous quarter. But it will be a […]
JAPAN GOVERNMENT SEES CONSUMPTION PICKUP; OVERALL ECONOMIC VIEW STAYS CAUTIOUS
By Max Sato (MaceNews) – Japan’s government on Friday upgraded its assessment of private consumption for the first time in three months after downgrading it only last month, while maintaining its cautious view of overall domestic economic health amid a global spike in coronavirus cases. The government Cabinet Office report described the current state of […]
STATUS CHECK – THE DEBATE AS SEEN THROUGH DIFFERENT FILTERS
WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · The transfixing Presidential Debate was an actual event now fixed in history forever and yet it was seen as completely different things through the eyes and ears somehow transformed into filters by […]
DATA FLASH: U.S. SEPTEMBER EXISTING HOME SALES, PRICES SURGE
–Existing Home Sales +9.4% to a 6.54 Million Rate, High Since May 2006 By Kevin Kastner WASHINGTON (MaceNews) – U.S. existing home sales advanced further in September, hitting the highest point since May 2006. National Association of Realtors Chief Economist Lawrence Yun said Thursdsay that it was “another spectacular month” for sales and prices but […]
STATUS CHECK – BRACED FOR A PRESIDENTIAL DEBATE – ABOUT FAMILY
WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · The dearth of much actual news on the day before the final presidential debate was a challenge for news producers everywhere Wednesday. Barack Obama began campaigning on the ground for Joe Biden […]
FED’S BEIGE BK: AS-EXPECTED ‘SLIGHT TO MODEST’ EXPANSION
WASHINGTON (MaceNews) – The Federal Reserve’s latest Beige Book survey of economic activity through the 12 regional bank districts Wednesday found little evidence of any V-shaped recovery, instead seeing “slight to modest” improvements in most regions. Assembled by the St. Louis Fed, the survey prepared for the next Federal Open Market Committee meeting Nov. 4-5 […]