by Paul Lengemann, BullsnBears Economist | Jan 30, 2020 | alerts, Markets/Economy
US fourth quarter GDP was up a mere 2.1%, unchanged from the preceding three-month period. The main drivers behind the modest growth were consumer and government spending, as well as residential fixed investment and exports. Interestingly, home sales, both new and...
by Paul Lengemann, BullsnBears Economist | Dec 12, 2019 | alerts, Uncategorized
The Federal Reserve in its final policy decision of the year left rates unchanged and indicated that it would keep them on hold next year, expecting a solid economy. So far the economic numbers support this point of view, but it is quite possible that the US tariff...
by Paul Lengemann, BullsnBears Economist | Oct 8, 2019 | alerts, Uncategorized
Will Brexit happen? Yes, it will. Perhaps not on October 31 as planned, but it will happen before the end of this year. The actual departure of the UK from the European Union is not the main issue, however. More important is the reaction by the financial community and...
by Paul Lengemann, BullsnBears Economist | Oct 1, 2019 | alerts, Markets/Economy, Uncategorized
A little more than a year ago, on September 11, 2018, SpotLight TV’s Jason Feinberg interviewed Michael Markowski about a “day of reckoning” or crash coming for the US stock market. In the interview Mr. Markowski explained why the six technology stocks which...
by Paul Lengemann, BullsnBears Economist | Sep 19, 2019 | alerts, Markets/Economy, Uncategorized
It was no surprise today when the Fed cut its base rate by 25 basis points. It also was no surprise that President Trump immediately after the Fed announcement called Chairman Powell and the rest of the FOMC a bunch of cowards for not cutting rates more aggressively....
