Monthly Archives: September 2022

Is It Time to Worry About Deflation, and a Recession?

Financial FAQs CNBC The Fed is beginning to ease its purchases of Treasury and Mortgage-backed securities in its push to raise interest rates and lower inflation, a policy called Quantitative Tightening (QT) as opposed to the various Quantitative Easing efforts … Continue reading

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The Peace Corps and Rotary International

In the special 60th anniversary edition of WorldView, Shaylyn Romney Garrett, co-author with Robert Putnam of The Upswing: How American Came together a Century Ago and How We can Do It Again, posits a policy prescription for the administration “that would help … Continue reading

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Homebuyers on the Move Again

The Mortgage Corner FRED30yrfixed Mortgage rates are on the march again, but so are homebuyers. How long must prospective homebuyers wait when average conforming 30-year fixed rates topped 6.29 percent this week per Freddie Mac and the Fed says they may push … Continue reading

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Do Consumers Know More?

The Mortgage Corner Calculated Risk Calculated Risk’s graph of the Labor Department’s Weekly Initial Unemployment Claims could tell us all we need to know about our economic health. It’s good and getting better. Claims are at a record low once … Continue reading

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What is the Real Inflation Problem?

Financial FAQs FREDppi What is worse, inflation rates, say, of 4 to 5 percent—slightly above historical averages, and average gas prices maybe $3.50 per gallon as they are today—or raising short term rates enough to make consumers pay more and … Continue reading

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How Should We Remember 9/11?

ANSWERING KENNEDY’S CALL BuildingCommunity I wanted to remember 9/11 when I wrote my memoir on the Kennedy era that has just been released. It was also a time of busted communities, a Vietnam War that split Americans. It was an … Continue reading

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When Bad News is Good News

Financial FAQs FREDserviceemployees Doomsayers, such as historian Niall Ferguson, may be doing the Federal Reserve’s job by predicting a recession or worse in the coming year. Their dire warnings are causing plunging stock prices for starters. And oil prices are … Continue reading

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Why Slow Down U.S. Growth?

Popular Economics Weekly MarketWatch Once again, all job categories were positive in the Labor Department’s August unemployment report. Professional/Business, Education & Health, Retail, and Leisure & Hospitality created 211,000 of the 315,000 nonfarm payroll jobs in August’s payroll tally. Why … Continue reading

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