Author Archives: bullmarket

Trump’s Booming Economy: Retail Sales up, Unemployment Rates Down

In the month of May, the retail sales spiked to $502 billion, a .8 percent increase from the month before, according to the Commerce Department. May’s retail sales beat expectations. Economists polled by Reuters predicted that retail sales would increase by .4 percent in May. The Commerce Department also said that April’s retail sales were revised from the .2 percent ...

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FED Under Pressure to Balance the Economy

There have been only two times in the last 50 years that unemployment has gone below its current level at 3.8 percent. In the late 1960’s and for a month in 2000. The latter was a blip due largely to the dot com bubble bust. The 1960’s led to over a decade of soaring inflation, culminating with the stagflation of ...

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Winners and Losers in the Shale-Oil Production Boom

The price of WTI Crude oil at last look was trading around $65. This is good for some and not so good for others. As we know, the price of oil rises and falls, and with each cycle come similar results to similar businesses. If prices stay above $60 a barrel, this would spur a strong rebound in oil and ...

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HORIST: No downside to blowing up the Obama-Kerry Iran Deal

To understand what was wrong with the Iran Deal, we can gain insight by thinking of it in terms of World War II.  Think of Hitler’s death camps as weapons of mass destruction.  It is a very fair comparison. Suppose we cut a deal with Hitler only on the subject of the death camps. In return for temporarily abandoning his Final Solution ...

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Will the First Job of Robots be to Help the Elderly?

Science is taking the fiction out of robotics, with what once was only seen in the movies, is now coming to real life; Robots. The timing really couldn’t be better. As technology expands at an exponential rate, advances are now being utilized in the real world. We have seen such things as driverless cars and automated manufacturing as just the ...

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Chinese President Celebrates Karl Marx

Karl Marx is “the greatest thinker of modern times,” said Chinese President Xi Jinping Friday during a speech in Beijing. The speech was part of a week-long program honoring the 200th anniversary of German philosopher Karl Marx’s birth in 1818. “Writing Marxism onto the flag of the Chinese Communist Party was totally correct,” said Xi, who recently celebrated the 170th ...

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Trump Conservative to Present A Solution to Global Climate Change That Even Skeptics Will Like

For the last ten years, the global warming controversy has continued to inspire a public debate. Ever since the U.S. pulled out of the Paris accord, environmentalists and Democrats have been outraged claiming that the planet earth is now doomed.  While, on the other hand, climate change deniers often argue that there isn’t enough evidence proving that Climate Change is ...

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China Caves – Says it will Open Markets and Decrease Auto Tax

Chinese President Xi Jinping on Tuesday announced plans to allow foreign companies greater access to China’s financial and manufacturing sectors and to reduce China’s 25% tariff on imported automobiles. “In a world aspiring for peace and development, the Cold War and zero-sum mentality look even more out of place,” said Xi during a 40-minute speech to business leaders on the ...

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NYC Proposes ‘Right to Disconnect’ Law

A New York City lawmaker is pushing for legislation that would prohibit companies from requiring employees to check their work email after they leave the office. The Right to Disconnect Bill would allow executives to contact employees after hours, but would prohibit companies from firing an employee for failing to respond to an email or text message outside of normal working ...

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Facebook Stock Under Gun for Data Breaches

Event risk is inherent when investing in the stock market.  Companies like Facebook have news stories published daily that will influence the direction of how shareholders feel about their stock.  Will astute investors look at this 10% plus pullback as a buying opportunity? From a technical perspective, Facebook is at a pivotal support point right now. Let’s look at recent ...

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