WHITE HOUSE WATCH: FROM A MIDEAST DREAM TO WILDWOOD, N.J.
By Denny Gulino THE WHITE HOUSE (MaceNews) – Questions raised on a Tuesday: Is peace in the Middle East now any closer? Is the removal from office of President Trump and/or the Israeli prime minister any closer? Is the nation’s deepening black hole of debt really as bad as newly described? The optimistic view is […]
EXCERPTS/CBO UPDATE; DEBT OUTLOOK UNSUSTAINABLE, GETTING WORSE
WASHINGTON (MaceNews) – The following are excerpts from the nonpartisan Congressional Budget Office’s January semiannual update of the budget and economic outlook estimates published Tuesday. The full text is available at cbo.gov. Budget Outlook for the Next 30 Years Beyond the coming decade, the fiscal outlook is daunting. In the Congressional Budget Office’s projections, growing […]
WHITE HOUSE WATCH UPDATE: SWIRLING THREATS AND OPPORTUNITIES AT THE GATES
By Denny Gulino THE WHITE HOUSE (MaceNews) – President Trump Monday reached for legacy-building opportunity in the Middle East as threats – among them the market-stifling corona virus, John Bolton, the Taliban and others – seemed to be tangible just beyond the extra-secure White House gates. As the temperature began to fall and overcast replaced […]
WHITE HOUSE WATCH: A REACH TO THE HEAVENS, FAR ABOVE IMPEACHMENT
By Denny Gulino THE WHITE HOUSE (MaceNews) – Often underestimated is how sturdy is President Trump’s pillar of support from those who believe God put him on the planet for a reason and that flawed as he is, you don’t second-guess the Creator. Far from being composed mainly of rednecks and yahoos, the “faith-based” supporters […]
WHITE HOUSE WATCH: WATCHING OUT FOR THE EXOGENOUS
–The SARS 2002-2003 Scare Lasted Nine Months By Denny Gulino THE WHITE HOUSE (MaceNews) – The virus that hits the heart of business activity, separating workers from their offices, halting travelers and cutting into shopping, becomes a bonafide worldwide macroeconomic phenomenon beginning later next week, if infections skyrocket as Lunar New Year gatherings end and […]
ECB’S LAGARDE SEES 'MODERATE' EUROZONE GROWTH AS TRADE FEARS SUBSIDE
By Laurie Laird FRANKFURT (Mace News) – European Central Bank President Christine Lagarde struck an optimistic tone following Thursday’s governing council meeting, hailing recent “moderate” growth in the euro zone as fears of a global trade war recede. “One critical development has been the conclusion of ‘phase one’ of the negotiations between the U.S. and […]
WHITE HOUSE WATCH UPDATE: TRUMP RETURNS FROM DAVOS HINTING HE LEFT ‘TARIFF MAN’ BEHIND
By Denny Gulino THE WHITE HOUSE (MaceNews) – For monitors of macroeconomics, some positive fringes Wednesday to President Trump’s Davos sojourn, a digital tax framework deal worked out with France President Emmanuel Macron and a hint that Trump is ready to actually cooperate in a reform of the World Trade Organization. If there is a […]
UPDATE: BANK OF CANADA STAYS PUT AT 1.75%
–Sees Growth Slowdown Because of Geopolitical Tensions By Gloria Galloway OTTAWA (MaceNews) – Canada’s economic growth will be weaker in the near term as geopolitical tensions create global uncertainty and domestic indicators remain mixed, the Bank of Canada said Wednesday in its January Monetary Policy Report. Despite the slowdown, the Bank is maintaining its target […]
BofA Global Research Fund Manager Survey: Global Investors Bullish
–But Reluctant to Embrace Risk; US Election Top ‘Tail Risk’ By Vicki Schmelzer NEW YORK (MaceNews) – Global investors remained bullish in January, but were reluctant to embrace risk given 2020 uncertainty, according to the findings of BofA. Global Research’s monthly fund manager survey, released Tuesday.For the first time, fund managers cited the November U.S. […]
WHITE HOUSE WATCH: UNDER SIEGE, PRES TRUMP HEADS FOR DAVOS
By Denny Gulino THE WHITE HOUSE (MaceNews) – Time zones and thousands of miles away, President Trump will nevertheless keep close track of the impeachment trial that gets underway Tuesday, reliant on Senate Majority Leader Mitch McConnell to keep things under control. Trump had warned his supporters on Capitol Hill early on in a tweet […]