by Paul Lengemann, BullsnBears Economist | Jun 17, 2020 | alerts, Markets/Economy
Housing starts increased 4.3% to an annualized rate of 0.97 million in May, below market forecasts of 1,095 million and only slightly higher than an upwardly revised 0.93 million in April. It is the second-lowest level since 2015, suggesting the housing market...
by Lance Roberts | Jun 15, 2020 | alerts, Markets/Economy, Real Investment Advice
Last week, we discussed investors throwing caution to the wind and the need to take on defensive positioning. One week later, the bulls and bears are squaring off at the 200-dma line to see who will gain control. Over the last several weeks, we have repeated one...
by Lance Roberts | Jun 13, 2020 | alerts, Markets/Economy, Real Investment Advice
In this issue of “Market Corrects As COVID-19 Cases Surge:” Market Correction Short-Term Excesses Reversed A Note Of Fed Forecasts The Bear Case Is Still Valid Technical Review Remains Bullish Portfolio Positioning MacroView: Rationalizing High Valuations Won’t...
by Paul Lengemann, BullsnBears Economist | Jun 12, 2020 | alerts, Markets/Economy
The US economy is showing some signs of recovery, albeit only modestly. First there were the May employment numbers which surprised everyone when they came in with a jobless rate of 13.3%, down from 14.7% in April. Then there was the GDP number at -5% for Q1. The...
by John Mauldin | Jun 12, 2020 | alerts, Markets/Economy, Mauldin Economics
We are on the horns of a dilemma, caught between the Scylla and Charybdis, a rock and a hard place, the devil and the deep blue sea, the anvil and the hammer. The walls are closing in. We’re in a tight spot. All those metaphors (I could list more but will spare you)...
by Lance Roberts | Jun 8, 2020 | alerts, Markets/Economy, Real Investment Advice
With investors throwing investing caution to the wind, technically speaking, it’s time to take on defensive positioning. Such was the warning we discussed in this past weekend’s newsletter. To wit: “Regardless, the markets are bullish biased, and we...
