by Paul Lengemann, BullsnBears Economist | Nov 19, 2020 | alerts, Markets/Economy
The US employment picture remains murky. Today the labor department reported a significant increase in initial unemployment claims for the week ending November 14. Initial jobless claims in regular state programs totaled 742,000, up 31,000 from the prior week. The...
by Paul Lengemann, BullsnBears Economist | Nov 15, 2020 | alerts, Markets/Economy
The University of Michigan’s consumer sentiment decreased to 77 in November from 81.8 in October, a preliminary estimate showed. It is the lowest reading since August as consumers judged future economic prospects less favorably, while their assessments of...
by Paul Lengemann, BullsnBears Economist | Aug 21, 2020 | alerts, Markets/Economy
Economic news for the US this week showed more improvements, this time in the housing industry. If this trend persists, it should have a positive impact on the rest of the economy especially on retail sales of big-ticket items. It should help car and furniture sales....
by Paul Lengemann, BullsnBears Economist | Aug 14, 2020 | alerts, Markets/Economy
There appear to be faint signs of improvement in the US economy and they could not come at a better time for President Trump whose reelection chances are dimming with every passing day. There is an improvement in employment, in job openings which increased in June and...
by Paul Lengemann, BullsnBears Economist | Aug 9, 2020 | alerts, Markets/Economy
In her CNBC appearance below Lori Calvasina, the head of US Equity Strategy at RBC Capital Markets explained the negative side effects for the US stock market due to the US Dollar declining to multi-year lows versus all currencies. Ms. Calvasina also provided some...
