Monthly Archives: June 2021

Can We Fix the Housing Shortage?

The Mortgage Corner Calculated Risk Existing-home sales of single-family, condos and apartments were down slightly from their recent highs for a number of reasons. This is while demand for housing is skyrocketing with home prices up 20 percent year-over-year, but … Continue reading

Posted in Consumers, COVID-19, Housing, housing market, Weekly Financial News | Leave a comment

What is Normal Inflation?

Popular Economics Weekly FREDcpi The financial markets were shocked, yes shocked, when the May Consumer Price Index for retail prices jumped 4.9 percent year-over-year. Just kidding. No one was really surprised because one year ago it wasn’t rising at all … Continue reading

Posted in Consumers, COVID-19, Economy, Weekly Financial News | Leave a comment

When the Return to Normal Activity?

Financial FAQs Calculated Risk When will most American workers return to work, and the U.S. economy return to normal activity? The Calculated Risk-FRED graph since 1992 tells us that retail sales have historically never varied substantially from a 5 percent … Continue reading

Posted in Consumers, COVID-19, Housing, housing market, Weekly Financial News | Leave a comment

There Are More Jobs Than Ever!

Financial FAQs Calculated Risk The number of job openings reached a series high of 9.3 million on the last business day of April, the U.S. Bureau of Labor Statistics reported last Tuesday. Hires were little changed at 6.1 million. Total separations … Continue reading

Posted in Consumers, COVID-19, Economy, Keynesian economics, Politics, Weekly Financial News | Leave a comment

Who Lost Their Jobs?

Popular Economics Weekly MarketWatch.com This would be a good jobs report at any other time. Total nonfarm payroll employment rose by 559,000 in May, from a revised 278,000 jobs in May, and the unemployment rate declined by 0.3 percentage point … Continue reading

Posted in Consumers, COVID-19, Economy, Keynesian economics, Weekly Financial News | Leave a comment

The Greatest Story Ever Told

The Greatest Story Ever Told …by Harlan Green Canyon Country Zephyr Magazine by stiles • May 31, 2021 • 0 Comments I was an engineering student at UC Berkeley in the early 1960s. The student body was much smaller and campus quieter before free … Continue reading

Posted in Uncategorized | Leave a comment

President Biden’s New Deal Budget Helps All of US

Financial FAQs President Biden’s $6 billion 2021-22 budget proposal would rebuild America’s infrastructure and social safety net, supporting those essential workers that need it the most. “It also represents the most substantial expansion of the federal government’s spending powers since … Continue reading

Posted in COVID-19, Economy, Keynesian economics, Politics, Weekly Financial News | Leave a comment