A major opportunity for Mexico to turn around its economy and its lawlessness

by Paul Lengemann, BullsnBears Economist | Jul 2, 2018 | alerts, archive, Markets/Economy

The landslide victory of Andrés Manuel López Obrador as Mexico’s new president is a big deal. He is an ardent leftist and a firebrand orator. His victory signals a shift in Mexico’s politics and signals a shift in global politics. It is a shift to the Left after years...

Global equity funds suffered their second largest outflows ever this week

by Paul Lengemann, BullsnBears Economist | Jun 30, 2018 | alerts, archive, Markets/Economy

Fears of rising protectionism seem to weigh heavily on the markets. Not surprisingly Equity funds suffered their second-largest outflows ever in the week ended June 28, as reported by Bank of America Merrill Lynch. This underscored the week’s downward slope of the...

Bad timing for Walgreens Boots to Replace General Electric in DJIA

by Michael Markowski | Jun 29, 2018 | alerts, archive, Secular Bulls/Bears

On Tuesday of this week General Electric, the oldest of the 30 members of the Dow Jones Industrial (DJIA) average was replaced by global drugstore chain Walgreens Boots Alliance.  General Electric was one of the original dozen companies which comprised the Dow Jones...

Q1 revision for GDP is disappointing and the outlook is murky

by Paul Lengemann, BullsnBears Economist | Jun 28, 2018 | alerts, archive, Markets/Economy

The Q1 GDP growth being revised from 2.9% to 2.0% is quite disappointing.  Results are far from what has been promised by the president. With tariffs about to hit the economy, the outlook is anything but encouraging. In addition to the weak GDP numbers the latest jobs...

New Digital Sales Tax driving markets lower and Wal-Mart higher

by Michael Markowski | Jun 25, 2018 | alerts, archive, digital tax, Digital Tax Impact, Markets/Economy

The more than 1.3% declines for the Dow 30 and the S&P 500 and the 2.0% decline of NASDAQ today were caused by last week’s digital sales tax ruling by the US Supreme Court.  The mainstream financial media has blamed today’s decline on trade. Since the ruling the...

Effect of SCOTUS Sales Tax Decision on Markets

by Michael Markowski | Jun 21, 2018 | alerts, archive, digital tax, Digital Tax Impact, Markets/Economy

The US Supreme Court (SCOTUS) ruled today that the State of South Dakota can apply their brick and mortar sales taxes to those businesses domiciled outside of the state who sell their products and services online to South Dakota’s residents.  This is a significant...