by Paul Lengemann, BullsnBears Economist | Jan 8, 2019 | Markets/Economy
The latest US employment numbers were a major positive surprise. The non-farm payrolls rising 312 thousand after a 176 thousand increase in November must be just what the President wanted to see. The US stock market certainly liked the figures. With hourly earnings...
by Paul Lengemann, BullsnBears Economist | Dec 31, 2018 | alerts, Markets/Economy, Tariffs
What is coming our way in 2019? A significant recession is very much in the cards. Important economic indicators are pointing in that direction. The most recent release of consumer confidence by the Conference Board showed that American households expect a weak first...
by Paul Lengemann, BullsnBears Economist | Nov 20, 2018 | alerts, Markets/Economy
More bad news for the US economy and for much of the rest of the world is now occurring and much more frequently. Â A good indicator of things to come for the US economy is the housing market. The latest release of the NAHB Housing Market Index showed a decline to 60...
by Paul Lengemann, BullsnBears Economist | Oct 26, 2018 | alerts
Economic growth in the US is still good, but it has shown some deterioration of late. GDP growth in the third quarter of 2018 was up 3.5% q/q, off from the 4.2% advance recorded in Q2. The increase in real GDP reflected contributions from personal consumption...
by Paul Lengemann, BullsnBears Economist | Oct 25, 2018 | alerts
The housing market has deteriorated further in September. Sales of new single-family houses in the US fell 5.5% m/m to 553 thousand, following a downwardly revised 3.0% decline in August. It is the lowest rate since December 2016 and is worse than market expectations...