Author Archives: bullmarket

Chinese Propaganda Movies Losing their Impact

Two propaganda films that were released in China this month did not foster the reactions that the Chinese Government had hoped for. Instead of inspiring Chinese pride and nationalism, one of the films, “The Founding of an Army” was mocked especially by the younger generation it was targeting. The film featured popular teen idols as revolutionary leaders. Hung Huang, a ...

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American Unemployment Drops to its Lowest Level Since the 1970’s

According to the latest report from the Labor Department, the number of Americans that filed for unemployment is at its lowest it has been in the last 44 years.  MarketWatch and Reuters had forecasted that 240,000 Americans would file for unemployment benefits during this time period, but the Labor Department announced that the number was closer to 222,000 in the week ...

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Can Trump Stop the New Persian Empire?

Iraqi troops, alongside their Iranian allies, have been caught using American tanks and weaponry in the process of their assault on Kurdish separatists. After days of denying an attack was coming, Iraqi Prime Minister Haider al-Abadi’s words have proven false after forces captured parts the oil-rich city of Kirkuk early Sunday morning. Many of the inhabitants of Kirkuk, who overwhelmingly ...

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Catalonia Votes to Secede from Spain

Catalonia is geographically a small part of Spain. But it is a wealthy region of 7.5 million people in the relatively isolated north-eastern Spain and separate culture. And they have declared independence from Spain. In what has been declared an illegal referendum by the Spanish government, Catalan officials said that 90% of those who participated  Sunday, voted for independence. 42% of eligible ...

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Class-Action Suit Against Google – Gender Pay Discrimination?

Three former female Google employees are suing the tech giant claiming that the company pays women less than men in similar roles, while also purposely putting women in career paths with lower pay potential. The official complaint was filed last Thursday in the San Francisco Superior Court by Plaintiffs Kelly Ellis, Holly Pease and Kelli Wisuri, all of which worked ...

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Single Family Homes – A Tale of Two Markets

The chart below depicts the percentage of new home sales that are priced below $200,000 (blue bar) and priced between $200,000 and $400,000 (orange bar). Those priced above $400,000 would be the remainder of the market, and this remainder has been where the action has been over the past few years. Since 2010 the market share of new homes priced ...

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Capital Spending Boosts the US Economy

A silver lining in the otherwise grim business of weaponry, discussed elsewhere in this issue with respect to Russia’s Zapad maneuvers, is that it contributes to capital spending on sophisticated technologies at industrial conglomerates with multiplier benefits to the overall economy. This past week the Commerce Department revised its report on second quarter US activity up to 3% from a ...

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Military Exercises in the Baltic and Russian Arms Sales

Every four years Russia stages a large multi-day national military preparedness exercise in different strategic regions of the vast country. The strategic regions are East, Central, Caucasus and West. Russia will hold these exercises this year in its West or Baltic Region. Zapad means West in Russian. Hence the maneuvers have come to be called the Zapad maneuvers. The Baltic ...

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Equifax Attack Exposes 140+ Million to Identity Theft – Stock Drops Like a Rock

Credit card reporting agency Equifax was hacked this summer, and we’re just now finding out about it. The attack, which is the third major cybersecurity threat for the agency since 2015, reportedly exposed personal information – including Social Security numbers – of an estimated 143 million people. Lenders rely on data collected by credit bureaus like Equifax to make decisions ...

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The Inconvenience of Hurricane Irma

Holy crap am I spoiled. For the last several days, I’ve experienced the inconvenience of Hurricane Irma. I’m having to wait an extra 20 minutes to get gasoline. The major grocery chain Publix doesn’t have a good supply of my favorite fizzy water, and they seem a bit crowded right now. Plus they were out of Woinder Bread so I ...

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