Author Archives: bullmarket

New Focus on Trade Agreements with China

President Donald Trump has made it clear that his administration’s trade policies will reflect his “America First” campaign. Last week, it was revealed that China had the largest-ever annual trade surplus with the U.S. in 2017. So why is the U.S. importing more from China than exporting? Well, for years Chinese companies have been accused of stealing trade secrets from U.S. companies and ...

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Automakers on Cruise Control

Ford Motor (F), General Motors (GM) were among several companies and analysts releasing a flurry of forecasts and data for the auto industry this week.  The consensus is that 2017 saw a slight dip in US auto sales after seven years of consistent growth and that 2018 will produce still less sales than 2017. Autodata, for instance, reported that US ...

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Sears – Grim Tidings

Retail Holiday Sales Go Ka-Ching” was the headline on the Wall St. Journal’s lead story on the front page on December 26, 2017.  The Journal, using data from Mastercard Inc., reported that retail sales rose at their best pace in six years. E-commerce naturally continued to be the biggest driver of gains, with a strong annual increase of over 18%.  ...

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The Tax Plan – Real Effect on Real Estate

The new tax laws are expected to have wide ranging impact. In the midst of criticism on both real and imagined effects, non-political financial sources point to real estate as an area where certain areas will take a hit. The new law sets new limits on the mortgage deduction. Specifically, the law lowers the mortgage deduction limit from $1 million ...

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Good Trump vs. Bad Trump

Because of the east coast elitist liberal media’s obnoxious, unprofessional, distorted, biased and dishonest ad hominem attacks on President Trump, administration officials, Republicans in general, conservatives specifically and millions of Americans who support the policies of the aforementioned, my commentaries have generally been of a defensive nature in terms of the aforementioned. On the other hand, I have consistently expressed ...

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Maduro Purges the Oil Industry, Fires and Arrests 65 Execs

As the conditions in the socialist Venezuela only get worse for its citizens, Venezuela’s president Nicolás Maduro is desperately trying to revive the oil industry with a strategy that is likely to fail. In a dramatic move, Maduro has fired and arrested 65 former oil executives as part of a month-long purge on the oil industry. “The arrests and firings ...

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ATT Renounces Blackout to Address DOJ’s Concerns With Merger

On Wednesday November 29, 2017 ATT disclosed that, in order to get the Department of Justice (Justice) to drop its opposition to its merger with Time Warner, it had offered up a seven-year ban on blacking out competing distributors. This concession gets to the heart of Justice’s concerns with the merger, which is that control of Time Warner’s content positions ...

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Rising Economic Tide Lifting Many Retail Boats

On Wednesday, November 29, 2017, the Commerce Department reported Wednesday that U.S. economic output grew at a 3.3% annual rate in the third quarter, faster than earlier estimated, and the highest rate in over three years. Meanwhile, consumer and business confidence are at recent-year highs and equity markets continue to surge to new all-time highs. This strong growth belies contentions ...

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Senate Passed the Tax Cut – Major Victory for Trump, GOP

Early Saturday morning the Senate passed its version of the tax overhaul plan with a vote of 51-49. This hands a major victory to Trump and the GOP, considered the first major legislation in this administration. President Trump has made this the centerpiece of his economic plan, claiming that business taxes have made America uncompetitive on the global stage. While ...

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GDP Grew More Than Predicted in the Third Quarter

The U.S. Economy has hit an impressive milestone. In the third quarter, the gross domestic product (GDP) grew by 3.3%, even with the tough hurricane season. This is the fastest rate seen in the last three years. In 2016, the economy saw merely 1.5% growth. “It was the first time actual gross domestic product had exceeded potential GDP since the ...

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