WHITE HOUSE WATCH: GRUESOME VIRUS DEVELOPMENTS HARDLY NEWS ANY MORE

By Denny Gulino WASHINGTON (MaceNews) – Virus infection cases kept multiplying Thursday, death tolls kept going up, more governors and mayors ignored President Trump’s dream of packed churches on Easter and the U.S. kept mostly ignoring the kind of contact tracing that slowed the virus to a crawl elsewhere. By one count the U.S number […]

DATA FLASH: US INITIAL CLAIMS SOAR AS MILLIONS LAID OFF; MORE TO COME

–Initial Claims Jump by 3.001 Mln To Record 3.283 Mln By Kevin Kastner WASHINGTON (MaceNews) – With millions laid off in the March 21 due to business shutdowns, initial jobless claims surged to a record high level in Thursday’s data, and are likely to go further as displaced workers sign up for benefits and any […]

WHITE HOUSE WATCH: VIRUS ‘APEX’ WEEKS AWAY AS DEFENSES MOUNT

–Senate 90-0 Hands Phase 3 Over to the House for Final Passage –President Trump: ‘I’m Not Going to Do Anything Rash’ By Denny Gulino WASHINGTON (MaceNews) – A thousand distractions filled the news Wednesday, particularly promises contained in the pending congressional effort to replace trillions of dollars of income, pay for medical gear and rescue […]

BANK OF CANADA EMERGENCY MEASURES STATE OF PLAY

By Gloria Galloway OTTAWA (MaceNews) – The Bank of Canada has joined other banks around the word in making credit more available and affordable to consumers and financial institutions as the Covid-19 pandemic causes unprecedented upheaval to the global economy. The financial situation in Canada and elsewhere continues to be stressed as a result of […]

DATA FLASH: US FEB DURABLE GOODS ORDERS +1.2%

–FHFA Home Price Index +0.3% By Kevin Kastner WASHINGTON (MaceNews) – US durable goods new orders rose solidly in February, but the headline number was almost entirely driven by a transportation surge, the Commerce Department reported Wednesday. Orders rose by 1.2% (-0.6% expected) in February but were down 0.6% (-0.3% expected) when a 4.6% jump […]

WHITE HOUSE WATCH: VIRUS STILL UNCHALLENGED, DOMINATING THE NARRATIVE

–President Trump Would Like ‘Beautiful’ Packed Churches on Easter -DJIA Up a Record 2112.98 Pts/11.4%; S&P Up 209.93/+9.3% -US Virus Death Tolls Goes Up By 129 in Latest 24 Hours By Denny Gulino WASHINGTON (MaceNews) – The corona virus, heedless of the new battle of narratives, is steadily spreading mostly unseen Tuesday in and beyond […]

WHITE HOUSE WATCH: ‘DIFFICULT TRADEOFFS;’ UNPRECEDENTED QE; ACCELERATING INFECTION

–US Fatalities Top 100 in One Day For First Time –Phase 3 Congressional Help Days Away At Best –Federal Reserve Goes Big, Bigger, Biggest By Denny Gulino WASHINGTON (MaceNews) – Americans who in even greater numbers are staying at home Monday were suddenly being asked to choose between two virus scenarios, one espoused by medical […]

WHITE HOUSE WATCH: MILLIONS FACE MONDAY WITHOUT JOBS, RELATIVES, FRIENDS

–Congress Hits a Speed Bump on the Way to Spending Nearly $2 Trillion By Denny Gulino WASHINGTON (MaceNews) – As U.S. cases of the corona virus now double every two and a half days, more than 84 million Americans are spending a bleak Sunday night facing a week ahead – and maybe months beyond either […]

WHITE HOUSE WATCH: MARKET FEAR PEAKS TOO EARLY? INFECTION RATE HIGHER

–Trump: ‘Convalescent Plasma’, Investigational Drugs Show Promise –FDA Says Investigational Therapies Months Away –US Oil Price Surges 23%; DJIA Closes +188 Pts; US 10-Yr 1.158%; VIX 72.00 By Denny Gulino WASHINGTON (MaceNews) – U.S. stocks indices started flapping in what seemed to be a changing wind Thursday, improving even in the face of rapidly worsening […]