by Paul Lengemann, BullsnBears Economist | Oct 18, 2018 | alerts
More statistics pointing to a slowdown in the US economy: September housing starts in the US dropped 5.3% from a month earlier, after a 7.1% gain in August. Starts in the South declined due in part to Hurricane Florence. Building permits dipped 0.6% after a dramatic...
by Paul Lengemann, BullsnBears Economist | Oct 16, 2018 | alerts
Activity in the domestic US economy during September was modestly positive as retail sales in September rose a mere 0.1% m/m and 4.7% y/y. This compares with a 0.1% monthly increase in August and a 6.5% year-on-year advance. These numbers are not surprising...
by Paul Lengemann, BullsnBears Economist | Sep 30, 2018 | alerts
According to the University of Michigan consumer sentiment index the US economy remains in good stead. The index in September topped 100, only the third time since 2004. Noteworthy is that the bottom third of households had an index of 96.3, the highest level since...
by Paul Lengemann, BullsnBears Economist | Sep 24, 2018 | alerts
Brexit talks are not progressing well. At the Salzburg summit Prime Minister May was rudely rebuffed for her demands of a more rapid response to the UK’s proposals for post-Brexit arrangements. The PM did not help herself by being “difficult” with the EU delegates...
by Paul Lengemann, BullsnBears Economist | Sep 17, 2018 | alerts
The UK continues to struggle in its efforts to come up with the right Brexit formula for a deal with the EU as there are just 193 days left before the due date. Prime Minister Theresa May has signaled that she will be the difficult woman she advertised she will be in...
