by Michael Markowski | May 27, 2018 | archive, Markets/Economy
The turmoil in Turkey increases the odds for the global stock markets to be much lower by the end of 2018.  This week Turkey’s currency, its Lira declined by as much as 9% and fell to all-time lows versus the US Dollar, Japanese Yen and the Euro.   What has happened...
by Paul Lengemann, BullsnBears Economist | May 25, 2018 | $Yen Indicator, alerts, Markets/Economy
It’s a very quiet pre-Memorial Day market and the key indexes are down slightly. The cause for the slide is lack of interest by market participants. The degree to which political considerations play a role in the markets is hard to gauge. The Trump-Kim back and forth...
by Paul Lengemann, BullsnBears Economist | May 23, 2018 | alerts, Markets/Economy
Volatility for the stock, bond and currency markets increased significantly today. The big story of the moment is the dramatic plunge of the Turkish lira against the US dollar. The currency at the close in Istanbul today fell to 10- year lows versus the US Dollar,...
by Michael Markowski | May 16, 2018 | alerts, Markets/Economy, Secular Bulls/Bears
The 10-year US Treasury note closed at 3.08%, its highest level since 2011 was the catalyst for today’s stock market sell-off.  The strong close above 3.0%, the resistance level that the notes had been flirting with since April, is a clear signal that interest rates...
by Paul Lengemann, BullsnBears Economist | May 16, 2018 | alerts, archive, Markets/Economy
There is little doubt the US economy is slowing down. Will it slide into recession? Possibly yes, but not immediately. The fact that the yield on the 10-year note has risen decisively above 3% is a sign of tough times ahead for the US economy. At 3.05% the 10-year...
by Paul Lengemann, BullsnBears Economist | May 10, 2018 | alerts, archive, Markets/Economy
The decision by President Trump to exit the Iran nuclear deal originally brokered by President Obama is widely seen as a disastrous move. Its impact will surely be felt by the remaining participants in the arrangement, the UK, Germany, France and others. Â The economic...