by Paul Lengemann, BullsnBears Economist | Aug 25, 2019 | alerts, Markets/Economy
One seasoned trader just noted that he believes that many market participants right now are experiencing a down market for the first time during this prolonged bull market and as a result are getting pummeled. The crazy moves in the markets are not over and we will...
by Paul Lengemann, BullsnBears Economist | Aug 21, 2019 | alerts, Markets/Economy, Uncategorized
The US housing market looks a little better at the moment as existing home sales in July rose 2.5% after slipping 1.3% the month before. Sales of single family homes went up 2.8% against a 1.1% drop in June. Sales of condominiums were unchanged after declining 3.3% in...
by Paul Lengemann, BullsnBears Economist | Aug 16, 2019 | alerts
The chances of a recession later this year have increased again as consumer sentiment in August slumped to its lowest level since the beginning of 2019. The main factors contributing to the decline were the expected imposition of further tariffs on Chinese imports and...
by Paul Lengemann, BullsnBears Economist | May 3, 2019 | Markets/Economy
The latest employment numbers are outstanding. Non-farm payrolls in April rose 263 thousand after increasing 189 thousand the month before. The private sector added 236 thousand new jobs while the government sector added 27 thousand vs. 10 thousand. The unemployment...
by Paul Lengemann, BullsnBears Economist | Apr 4, 2019 | alerts, Markets/Economy, Secular Bulls/Bears
The big story in economic developments for the US is the latest report on initial unemployment filings. The number of Americans filing for unemployment benefits fell to their lowest level 49 years, since the week ended December 6th 1969. This is a surprising statistic...
