STATUS CHECK – WHAT’S THE OPPOSITE OF A PRESIDENTIAL DEBATE?
WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · Twenty days until Election Day, a countdown to – what? Is it time to wonder what kind of lame-duck president Donald Trump would be? Of course he might win. But if not, […]
VICE CHAIR CLARIDA KEEPS FED POINTED TOWARD LONG-TERM MONETARY EASE
By Steven K. Beckner (MaceNews) – Top Federal Reserve policy-makers continue to strongly signal their long-range intention to maintain an ultra-easy monetary policy, even as they acknowledge that the economy is recovering faster than they expected from the Covid shutdown induced recession. The Fed’s commitment to a highly accommodative policy is not completely open-ended, but […]
DATA FLASH: US SEPTEMBER PPI JUMPS 0.4% ON SURGE IN FOOD
–Prices Ex-Food/Energy +0.4%; Prices Up 0.4% Ex-Trade Services as Well–Food Prices +1.2%, Halting Downward Trend; Energy Prices -0.3%–Prices for Travel Accommodation Services Jump 3.9% By Kevin Kastner WASHINGTON (MaceNews) – U.S. business prices rose by 0.4% in September, ahead of expectations for a 0.2% increase and reflecting a sharp rebound in food prices and a […]
GERMAN ECONOMIC SENTIMENT SHARPLY LOWER IN OCT AS COVID CASES RISE
By Marco Babic ZURICH (MaceNews) – Economic sentiment in Germany fell in October to its lowest level since July as increasing cases of Covid-19 in Europe and Brexit have raised uncertainly about the economy. The ZEW Indicator of Economic Sentiment Tuesday fell 21.3 points in October to 56.1, and while economists were expecting a decline, […]
TUESDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Tuesday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, OCTOBER 13, 2020 EDT 11:00AM In-House Pool Call Time4:35PM Out-of-Town Pool Call Time 5:50PM THE PRESIDENT departs the White House en route to Joint Base Andrews South Lawn In-House Pool 6:00PM […]
STATUS CHECK – PRIME DAY HERE, KEEP CONCENTRATING ON THAT
WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · It was the best of times, it was the … well let’s not depress ourselves and just leave it there. After all, this week there are two Prime Days, Tuesday and Wednesday, […]
STATUS CHECK – OF PRESIDENTIAL HEALTH CHECKS AND REGENERON RATIONING
WASHINGTON (MaceNews) – The following is Friday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · President Trump went on Fox late Friday and for what was billed as on on-air health assessment – spoiler alert – he passed. The in-house doctor asked him some questions from the […]
DATA PREVIEW: TAKE A DEEP BREATH, BECAUSE HERE COMES THE PAIN
By Kevin Kastner WASHINGTON (MaceNews) – Nothing in life is free. That also applies to the data schedule. After a week that was extremely short on major data, the upcoming week’s schedule is overflowing with it, with the mid-month price, production and sales data crammed into a holiday-shortened four-day week. Hurricane Delta is hitting the […]
STATUS CHECK ANALYSIS – DARK SHADOWS OVER THE CAPITAL
WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · It could be a scene out of a Gothic political novel, a new genre. A president on high-dose steroids railing in an evacuated White House for his attorney general to prosecute Hillary […]
BANK OF CANADA’S MACKLEM: RESUMPTION OF PAYMENTS ‘GOING WELL’ AS DEFERRALS EXPIRE
NEW YORK (MaceNews) – So far, so good is the message from Bank of Canada Governor Tiff Macklem Thursday as Canadian borrowers resume loan payments deferred during the pandemic. Still, the BOC will watch closely to see how well households and businesses cope with expiring loan deferrals and will also monitor whether excessive debt is […]