BofA Global Research Fund Manager Survey: Investors Gloomy as US Stocks Enter Bear Market

–Stagflation fears rise By Vicki Schmelzer NEW YORK (MaceNews) – Global investor sentiment turned dire in June as U.S. stocks entered bear market territory, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday.   “History is no guide to future performance but if it were, today’s bear market would end on […]

White House and Other Schedules for Monday, June 13

WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:  DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, JUNE 13, 2022  In the morning, the President will return to the White House from Wilmington, Delaware. The departure from Wilmington, Delaware will […]

White House and Other Schedules for Friday, June 10

WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:  Friday, June 10, 2022 The President will deliver remarks at the Port of Los Angeles. The President will host a leaders retreat and working luncheon with heads of state […]

ECB Preannounces July Rate Hike of 25 Basis Points

–Leaves Open Possibility of Bigger Rise in September By Laurie Laird LONDON (MaceNews) – The European Central Bank will raise interest rates by a quarter percentage point at its next meeting in July with another – potentially larger increase – slated for September, the ECB announced Thursday. “Inflation is undesirably high,” said ECB President Christine […]

White House and Other Schedules for Thursday, June 9

WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:  Thursday, June 9, 2022 The President will attend and deliver remarks at the opening plenary of the Ninth Summit of the Americas. The President and the First Lady will […]

White House and Other Schedules for Wednesday, June 8

WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:  Wednesday, June 8, 2022 In the morning, the President will travel to Los Angeles, California to host the Ninth Summit of the Americas. The Summit will bring together governments from across […]

White House and Other Schedules for Tuesday, June 7

WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:  DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, JUNE 7, 2022   In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will be […]

Japan April Household Spending Dips Y/Y on Car Supply Delays, Less Cooking at Home

–Spending Up M/M As People Dine Out, Travel More Freely After Covid Rules Eased By Max Sato (MaceNews) – Japan’s real household spending posted the second straight year-on-year drop in April as supply bottlenecks hampered car purchases and people dined out more freely, spending less on groceries compared to a year earlier when a Covid […]

UK Prime Minister Boris Johnson to Face Vote of Confidence Monday

–PM needs the support of 180 party lawmakers to remain in office By Laurie Laird LONDON (MaceNews) – Embattled UK Prime Minister Boris Johnson faces a snap vote of confidence in the UK parliament Monday evening, putting his controversial premiership at risk. The announcement came after at least 54 members – or 15% — of […]