by Michael Markowski | Jul 6, 2018 | alerts, archive, Tesla
Tesla shares traded as high as $361.50 on July 2, 2018. This was after its founder Elon Musk declared that Tesla was finally a “real car company”. The declaration was prompted by Tesla’s meeting its goal to produce 5,000 Model 3 sedans per week for the quarter ended...
by Paul Lengemann, BullsnBears Economist | Jul 6, 2018 | alerts, archive, Markets/Economy, Tariffs
Friday July 6, 2018, was D-Day for the tariffs. They are now official. So far the US economy looks pretty good according to the June jobs report. Unemployment is at 4% (up slightly from the 3.8% level reached in May) and, importantly, the labor participation rate...
by Paul Lengemann, BullsnBears Economist | Jul 5, 2018 | alerts, archive, Markets/Economy
There are several themes playing out in the international game of brinksmanship. There is the sad game of the English political establishment trying to come up with a Brexit plan that will be least painful. Unfortunately, that effort is certain to end in failure....
by Michael Markowski | Jul 3, 2018 | alerts, archive, Crashes, Markets/Economy
A high reading for the “Main Street Meter”, a stock market gauge that was developed by institutional investor James Paulsen of the Leuthold Group is indicating that the stock market will go much lower. Readings for the meter are calculated by dividing the consumer...
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...
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...