by Paul Lengemann, BullsnBears Economist | Aug 29, 2018 | alerts
Growth in the US remains strong. The second estimate for GDP growth in Q2 came in at 4.2%, up sharply from 2.2% in Q1. It was slightly higher than the initial reading of 4.1%. The result primarily reflects upward revisions to nonresidential fixed investment and...
by Paul Lengemann, BullsnBears Economist | Aug 28, 2018 | alerts
The economic news these days is anything but clear and informative. It is mainly confusing and contradictory. The latest information on consumer confidence is both positive and negative with the Conference Board reporting the best numbers in almost 18 years. Meanwhile...
by Paul Lengemann, BullsnBears Economist | Aug 24, 2018 | alerts
Durable goods orders in July declined 1.7% from a month earlier, following a downwardly revised 0.7% advance in June and compared with market expectations of a 0.5% drop. Transportation equipment drove the decrease as volatile demand for civilian aircraft fell....
by Michael Markowski | Aug 23, 2018 | alerts
According to today’s housing report from the US Commerce department new single-family home sales in July declined by 1.7% to the lowest level since October 2017. Sales in the South declined by 3.3%. Sales in...
by Paul Lengemann, BullsnBears Economist | Aug 21, 2018 | alerts
The collapses of the currencies of three emerging markets countries justify the existence and the growth for cryptocurrencies. The currencies of Venezuela, Turkey and Argentina have been in the news lately for falling to new lows against the dollar and the other...
by Michael Markowski | Aug 19, 2018 | alerts, Secular Bulls/Bears
According to the most recent August 2018, University of Michigan Survey, Consumer Sentiment declined to 95.3. The decline was the fourth consecutive monthly decline. In April of 2018, the index had reached and had peaked at 100.0 for the first time since...
