Monthly Archives: September 2024

US Growth Full Speed Ahead?

Popular Economics Weekly Any signs of a recession are declining. The U.S. economy is picking up speed in the BEA’s third and final revision of second quarter GDP growth. The U.S. economy has held the 3.0 percent growth rate, mostly due to strong consumer … Continue reading

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

Our Housing Problem

The Mortgage Corner We know we have a housing shortage, but not how to fix it. Politicos are finally beginning to take notice because of the damage that has been done—especially to working Americans who can no longer afford a … Continue reading

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

The Confused Consumer

Financial FAQs The Conference Board’s index of consumer confidence sank to 98.7 this month from a revised 105.6 in August the Conference Board said Tuesday. Consumer confidence dropped in September to near the bottom of the narrow range that has … Continue reading

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

LUCKY LOSER: How Donald Trump Squandered His Father’s Fortune and Created the Illusion of Success

Answering Kennedy’s Call Born to a rich father who made him the beneficiary of his own highly lucrative investments, Trump received the equivalent of more than $500 million today via means that required no business expertise whatsoever. A new book … Continue reading

Posted in Politics, Uncategorized | Tagged , , , , , , , | Leave a comment

Retail Sales Slowing

Financial FAQs Breaking News: The Federal Reserve just announced it’s first rate cut of 0.50%, which lowers its Fed Funds rate from 5.25% to 4.75%. Advance estimates of U.S. retail and food services sales for August 2024, adjusted for seasonal … Continue reading

Posted in Consumers, COVID-19, Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

Immigrants Drive Republicans Crazy!

Answering Kennedy’s Call The stakes are enormous if Republicans succeed in removing most of the estimated 11 million undocumented workers (only half of which are from Mexico and the Latin countries), and cut legal immigration in half, as they have promised to … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , | Leave a comment

HOW I LEARNED TO TRAVEL

A Memoir By Sherry Keith How I Learned to Travel, available on Amazon, is more than a travelogue, it’s an adventure story of a life of travel lived to the fullest, with an insatiable curiosity about new peoples and places. … Continue reading

Posted in Uncategorized | Tagged | Leave a comment

Inflation Still in Decline

Popular Economics Weekly The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, the same increase as in July, the U.S. Bureau of Labor Statistics. Over the last 12 months, the all items … Continue reading

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

No “Art of the Deal”

Answering Kennedy’s Call “It’s implicit in a lot of what people write, but it’s never explicit–or, at least, I haven’t seen it. And that is that it’s impossible to keep him focused on any topic, other than his own self-aggrandizement, … Continue reading

Posted in Politics | Tagged , , , , , , , , , | Leave a comment

Who Killed America’s Middle Class?

Financial FAQs A report from the Pew Research Center found that, for the first time since the 1970s, families defined as “middle income” are in a minority in the US – squeezed from both ends by an enlarged poverty-stricken group … Continue reading

Posted in Consumers, Economy, Politics | Tagged , , , , | Leave a comment