BofA Global Research Fund Manager Survey: Investor Sentiment ‘Super Bearish’ in September

By Vicki Schmelzer NEW YORK (MaceNews) – Global investor sentiment was “super bearish” in September, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday.   Accordingly, cash allocation rose to the “biggest overweight on record” and equity allocation fell to a “record underweight,” the survey said. Investors remained on high alert […]

White House and Other Schedules for Tuesday, Sept 13

WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, SEPTEMBER 13, 2022  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the […]

White House and Other Schedules for Monday, Sept 12

WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FOR MONDAY, SEPTEMBER 12, 2022   In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, […]

White House and Other Schedules for Saturday and Sunday

WASHINGTON (MaceNews) – The following are Saturday and Sunday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. data and Federal Reserve events:    WEEKEND GUIDANCE AND PRESS SCHEDULE FOR SATURDAY, SEPTEMBER 10, 2022 AND SUNDAY, SEPTEMBER 11, 2022   On Saturday, the President has no public events scheduled. On Sunday, the […]

White House and Other Schedules for Friday, Sept 9

WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, SEPTEMBER 9, 2022  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the […]

White House and Other Schedules for Thursday, Sept 8

WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, SEPTEMBER 8, 2022   [Although not on the official schedule, Pres Biden is widely reported to be holding a teleconference among […]

Japan Q2 GDP Growth Revised Up on Firmer Capex, Smaller Inventory Drop

–Private Consumption Leads 3rd Straight Q/Q Growth as in Initial Data –Capex Rebounds Sharply on Solid Digitalization, Greener Energy Demand –Q3 GDP Growth Faces Headwinds: Covid Spike, Slower Global Growth, China Lockdowns   By Max Sato (MaceNews) – Japan’s consumption-led economic growth in the April-June quarter was revised up sharply as business investment in equipment turned […]

White House and Other Schedules for Wednesday, Sept 7

WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, SEPTEMBER 7, 2022  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]

ISM: US August Service Sector Growth Slightly Higher on New Orders, Jobs, Easing Supply Bottlenecks 

–ISM’s Nieves: Port Congestion Has Eased but Unloading Taking Time–ISM’s Nieves: Firms Still Face Price Pressures but Inflation Peaking   –ISM’s Nieves: China Factory Shutdown Amid Covid Restrictions Affecting US Imports By Max Sato (MaceNews) – US service sector growth accelerated slightly in August on higher new orders, improving employment and easing supply constraints, after […]