DATA PREVIEW: DATA TAKES BACKSTAGE TO PENCE VS HARRIS

By Kevin Kastner WASHINGTON (MaceNews) – Sandwiched between two extremely busy weeks, a quiet period is on tap in the upcoming week – for data at least. After the “pageantry” of the first presidential debate, there is a hope that Wednesday’s undercard debate between Vice President Mike Pence and Senator Kamala Harris will be a […]

DATA FLASH: US SEPTEMBER PAYROLLS UP 661,000; UNEMPLOYMENT RATE 7.9%

–Leisure and Hospitality, Retail Sectors Lead Gain; Hourly Earnings +0.1% By Kevin Kastner WASHINGTON (MaceNews) – The September employment report Friday showed solid, but softer than expected payrolls improvement and a modest increase in hourly earnings. A sharp drop in local education payrolls was a key factor. At the same time, the unemployment rate fell […]

WHITE HOUSE ROILED AS TRUMP’S POSITIVE TEST RIPPLES THROUGH GOVT

–VP Pence, Tsy’s Mnuchin Test Negative; NYT Says Trump Has Mild, Cold-like Symptoms By Denny Gulino WASHINGTON (MaceNews) – As President Trump and the First Lady are restricted to their living quarters in the White House Friday, some of the implications of their COVID-19 diagnoses are being revealed minute by minute. Much, however, has not […]

STATUS CHECK – AS PANDEMIC RELIEF TALKS GO ON, A DEEPENING CRISIS

–Presidential Aide Hope Hicks Tests Positive WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes. ·        Amazon said Thursday 20,000 of its 1.4 million employees have tested positive for the coronavirus and on Wednesday alone, another 41,000 cases were diagnosed positive across […]

WHITE HOUSE SCHEDULE RENDERED INOPERATIVE BY CLOSE AIDE’S POSITIVE VIRUS TEST

WASHINGTON (MaceNews) – The following is Friday’s public White House schedule as posted before President Trump confirmed he and the First Lady are beginning to self-quarantine after close aide Hope Hicks reportedly tested positive for the coronavirus, a routine presumably being applied to other close aides, many of whom have been in close proximity to […]

DATA FLASH: US MANUFACTURING CONDITIONS EXPAND FURTHER

–ISM Mfg Index Falls Slightly to 55.4 in September, Below Expectations–Aug Construction Spending Stronger Than Expected;, Residential Surge–Personal Income Falls on Waning Benefits; PCE Gains Slowing–Initial Claims Decline Further; Continuing Claims Lowest Virus Count By Kevin Kastner WASHINGTON (MaceNews) – The September ISM index Thursday showed U.S. manufacturing sector activity expanded further, but at a […]

STATUS CHECK – AT LAST, ANOTHER ROUND OF PANDEMIC RELIEF – ALMOST

WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. Suddenly the clouds are parting and a compromise on another round of pandemic relief money is now the expected outcome of further talks between Treasury Secretary Stephen Mnuchin Thursday. The Capitol newspaper Roll […]

THURSDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Thursday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, OCTOBER 1, 2020 EDT  10:00AM                     In-House Pool Call Time 11:25AM                     Out-of-Town Pool Call Time  12:45PM                     THE PRESIDENT departs the White House en route to Joint Base Andrews South Lawn In-House Pool  12:55PM                     THE PRESIDENT arrives at Joint Base Andrews Joint Base Andrews Out-of-Town Travel Pool  1:05PM                     THE […]

JAPAN DATA: BOJ SEPT. TANKAN SHOWS BUSINESS SENTIMENT UP SLIGHTLY

By Max Sato TOKYO (MaceNews) – Major Japanese firms, led by carmakers and electronics makers, reported their sentiment edged up in September from three months earlier as businesses in their key markets reopened cautiously amid the lingering coronavirus pandemic, according to the Bank of Japan’s quarterly Tankan business survey released Thursday. The key points from […]

DATA FLASH: US SECOND QUARTER GDP REVISED UP TO -31.4%

––Second Quarter PCE Revised Up to -33.2% From -34.1% Previously By Kevin Kastner WASHINGTON (MaceNews) – Second quarter U.S. GDP Wednesday was revised up slightly due to upward adjustments to consumption and residential fixed investment. Analysts will look past this data and toward the third quarter’s likely partial recovery. Second quarter GDP was revised up […]