Author Archives: bullmarket

You should be Thankful for the One Percenters

The Supreme Court hearings and the mid-term elections seem to have redirected the hate away from the one percenters for the moment. The alpha to the omega to the deplorables, the rich are just as despised by the liberal left. Except those who are themselves one percenters, of course. The numbers put out by the Congressional Budget Office might have ...

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India and the Internet Billionaire

Statistically speaking, with over 460 million internet users, India is the second largest online market, ranked only behind China. By 2021, it is estimated there will be about 635.8 million internet users in India. Despite the large base of internet users in India, only 26 percent of the Indian population accesses the internet. This could be about to change, if ...

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Argentina is in a State of Emergency

While the list of countries with overdue loans to the IMF is long, noting that almost all of those loans were issued in times of war. Defaulting on loans to the IMF is unheard of. Argentina is the latest in the list of fiscal losers to come to the IMF for help. Harsh rhetoric, but unlike the others on the ...

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Junk Bonds Proliferate with Mergers and Acquisition Growth

There is a feeling in the air on Wall Street that is eerily reminiscent of the subprime boom a decade ago, and if you want to go a little further back, the Michael Milken 80’s era.  The junk bond party is in full swing. Earlier this spring, the Federal Reserve issued guidelines to banks and lending institutions that essentially gave ...

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Labor Participation Up, 213,000 U.S. Jobs Added in June

According to a Labor Department Report release Friday, more Americans are entering the workforce. The number of African Americans, in particular, looking for work has spiked by 62.2 percent in June. Four million African-Americans were either working or looking for work in last month. “Friday’s Labor Department report showed the share of American adults working or looking for a job ...

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Is Mexico’s leftist president-elect a closet Conservative?

Despite liberal outrage, he handed tiny evangelical party oversized power A small Conservative Evangelical party helped Mexico’s left-wing president-elect Andrés Manuel López Obrador win Sunday’s presidential election, dramatically increasing the party’s clout and raising allegations that Obrador is hiding his true socially conservative identity. The historic election was the largest in Mexican history. Some 18,000 offices throughout the country were ...

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Anti-Trump Leftist favored to win bloody Mexican election

A leftist, anti-Trump nationalist is favored to win Mexico’s presidential election Sunday after a campaign marred by the worst political violence the country has seen in a generation. The vote is the largest in Mexico’s history, with some 88 million Mexicans at home and abroad eligible to cast ballots. In addition to the presidency, a mind-boggling 18,000 elected posts also ...

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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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