by Paul Lengemann, BullsnBears Economist | Jun 28, 2018 | alerts, archive, Markets/Economy
The Q1 GDP growth being revised from 2.9% to 2.0% is quite disappointing. Â Results are far from what has been promised by the president. With tariffs about to hit the economy, the outlook is anything but encouraging. In addition to the weak GDP numbers the latest jobs...
by Paul Lengemann, BullsnBears Economist | Jun 21, 2018 | alerts, archive, Markets/Economy
Despite all the disarray and the confusion in Washington about immigration, the employment statistics remain strong. Initial jobless claims in the week ending June 16 fell to their lowest levels since the early-1970. The unemployment rate when it is next reported...
by Paul Lengemann, BullsnBears Economist | Jun 19, 2018 | alerts, archive, Markets/Economy, Tariffs
Last night President Trump announced that he was levying an additional $200 billion of tariffs and Chinese imports.  The result was significant stock market declines throughout Asia and Europe. Several weeks ago, Mr. Trump said that winning a trade war wasn’t so...
by Paul Lengemann, BullsnBears Economist | Jun 18, 2018 | alerts, archive, Markets/Economy
The American economy went through almost ten years of a wrenching economic stagnation. At the start of 2018 it looked as though the American economy was finally expanding nicely and broadly. Then President Trump decided to throw a wrench into the global economy by...
by Paul Lengemann, BullsnBears Economist | Jun 11, 2018 | alerts, archive, Crashes, Markets/Economy
Talk about an impending stock market crash and another deep recession is heating up. The latest is a comment by former Fed Chairman Ben Bernanke who said that the time between now and 2020 is a crucial period for the markets to correct and for the US economy to remain...
