by Paul Lengemann, BullsnBears Economist | May 3, 2019 | Markets/Economy
The latest employment numbers are outstanding. Non-farm payrolls in April rose 263 thousand after increasing 189 thousand the month before. The private sector added 236 thousand new jobs while the government sector added 27 thousand vs. 10 thousand. The unemployment...
by Paul Lengemann, BullsnBears Economist | Apr 4, 2019 | alerts, Markets/Economy, Secular Bulls/Bears
The big story in economic developments for the US is the latest report on initial unemployment filings. The number of Americans filing for unemployment benefits fell to their lowest level 49 years, since the week ended December 6th 1969. This is a surprising statistic...
by Paul Lengemann, BullsnBears Economist | Feb 12, 2019 | alerts, Markets/Economy
Brexit is still on course, but it is far from clear that it will actually happen. What could stop Brexit from happening is unclear. The Brexit day is now a mere 45 days off. In the meantime, PM Theresa May and her conservatives keep moving in circles with nothing...
by Paul Lengemann, BullsnBears Economist | Jan 16, 2019 | alerts, Markets/Economy
Apparently there are several options. The most obvious and easiest is for the UK to reverse its position on Article 50 of the EU charter and simply end the whole Brexit effort. That would mean that the whole exercise ends immediately. The other options will take more...
by Paul Lengemann, BullsnBears Economist | Jan 11, 2019 | alerts, Markets/Economy
The possibility of a deep recession in the US in the months ahead is now almost a foregone conclusion. In the US retail establishments in the post-Christmas period are struggling to keep their doors open. Indeed several major retailers, including Sears (which is in...