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Monthly Archives: November 2023
Shoppers Happy, Lower Inflation
Financial FAQs There are two indicators that show consumers will continue to support economic growth this year, (and hence avoid a recession), while inflation is continuing to decline. Firstly, Thanksgiving, the biggest shopping holiday, lured in more shoppers than ever. … Continue reading
Posted in Consumers, COVID-19, Economy, Weekly Financial News
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Building Community at Home–Part II
Answering Kennedy’s Call (Cont’d Building Community at Home) Old Town, with its own past, could give Goleta Valley residents a sense of their own history and separate community identity. It even had a Community Center that hosted many community activities. … Continue reading
Posted in Economy, Housing, Politics
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Housing Starts Up, Recession Worries Over?
Financial FAQs The best indicator of a looming recession is to watch how consumers behave. And this will be a record year for travel on the ground and in the air. So, would consumers continue travelling if they saw financial … Continue reading
Posted in Consumers, COVID-19, Economy, Housing, housing market, Weekly Financial News
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Building Community at Home
Answering Kennedy’s Call Fulfilling the third goal of my Peace Corps service, “to help promote a better understanding of other peoples on the part of Americans,” wasn’t as easy to do. My PCV service was implementing a rural community development … Continue reading
Posted in Macro Economics, Politics, Uncategorized
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Where’s the Inflation–Part II?
Popular Economics Weekly We can also look at the behavior of wholesale prices to see if inflation has been conquered. The Producer Price Index has been at or below the Fed’s target 2 percent since May 2023. It’s the cost … Continue reading
Posted in Consumers, COVID-19, Economy, Housing, housing market, Weekly Financial News
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Where’s the Inflation?
Financial FAQs What if there’s too little inflation? That’s actually the definition of a recession. It seems unlikely at the moment and inflation is still a major upset for consumers. But it could happen if the Fed doesn’t ease up on … Continue reading
Posted in Consumers, COVID-19, Economy, Housing, housing market, Weekly Financial News
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Why Not A Return to the ‘Roaring Twenties’?
The Mortgage Corner “The Roaring Twenties was a decade of economic growth and widespread prosperity, driven by recovery from wartime devastation and deferred spending, a boom in construction, and the rapid growth of consumer goods such as automobiles and electricity … Continue reading
Where’s the Recession-Part II?
Popular Economics Weekly We will have to wait longer for a recession. October’s Jobs report showed even the unsettled labor strikes didn’t make much of a dent in the labor market. The usual suspects—leisure activities, healthcare, and a booming construction … Continue reading
Posted in Consumers, COVID-19, Economy, Macro Economics, Weekly Financial News
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Our Budget Deficit Isn’t the Problem
Financial FAQs Harvard Economics Professor and former Treasury Secretary Larry Summers said Tuesday during an event staged by the Center for American Progress, a Democratic Party-aligned think tank, that the U.S. budget deficit, which came in at $1.7 trillion in … Continue reading