by Paul Lengemann, BullsnBears Economist | Sep 17, 2019 | alerts, Uncategorized
The US economy remains modestly positive. The latest figures on industrial production in August posted an uptick of 0.6% m/m and 0.4% y/y. Manufacturing production was down 0.4% y/y, up a little from a negative 0.5% the month before. And capacity utilization inched up...
by Paul Lengemann, BullsnBears Economist | Aug 28, 2019 | alerts, Uncategorized
The drama over Brexit in the UK is by no means over. The new Prime Minister, Boris Johnson, just announced that he asked the Queen for a suspension of parliament and received approval from the sovereign. That means that parliament will convene October 14, the day of...
by Paul Lengemann, BullsnBears Economist | Aug 25, 2019 | alerts, Markets/Economy
One seasoned trader just noted that he believes that many market participants right now are experiencing a down market for the first time during this prolonged bull market and as a result are getting pummeled. The crazy moves in the markets are not over and we will...
by Paul Lengemann, BullsnBears Economist | Aug 21, 2019 | alerts, Markets/Economy, Uncategorized
The US housing market looks a little better at the moment as existing home sales in July rose 2.5% after slipping 1.3% the month before. Sales of single family homes went up 2.8% against a 1.1% drop in June. Sales of condominiums were unchanged after declining 3.3% in...
by Paul Lengemann, BullsnBears Economist | Aug 16, 2019 | alerts
The chances of a recession later this year have increased again as consumer sentiment in August slumped to its lowest level since the beginning of 2019. The main factors contributing to the decline were the expected imposition of further tariffs on Chinese imports and...
