Author Archives: bullmarket

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 ...

Read More »

Tax-Free Bonds for Stadiums? NFL vs Congress

Ever since the National Football League let their games get political with the national anthem protests, there has been a tremendous backlash from fans and Republicans. House Republicans even took action by proposing a bill last week that would halt team owners from being able to use tax-free bonds to help fund the construction of these event arenas. “Under the ...

Read More »

House Passes Tax Overhaul Package

The House of Representative approved a $1.4 trillion tax cut package on Thursday, putting President Trump and the Republican Party one step closer to their promised tax code overhaul. If it passes the Senate, it will be the biggest change to the US tax code since 1986. The bill would reduce the number of tax brackets from seven to four ...

Read More »

Is Mark Zuckerberg Eyeing the White House?

There is increasing speculation that Facebook CEO Mark Zuckerberg, 33, is thinking about running for president. He hasn’t made any announcements, but the signs are certainly there. Zuckerberg recently hired Joel Benenson to work as a consultant for the Chan Zuckerberg Initiative (CZI), the philanthropic project he founded with his wife in 2015. Benenson’s past jobs include: • Democratic pollster • ...

Read More »

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 ...

Read More »

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 ...

Read More »

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 ...

Read More »

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 ...

Read More »

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 ...

Read More »

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 ...

Read More »