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Monthly Archives: May 2025
What’s the Fed Saying?
The Mortgage Corner “In considering the outlook for monetary policy, participants agreed that with economic growth and the labor market still solid and current monetary policy moderately restrictive, the committee was well positioned to wait for more clarity on the … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, Politics, tariffs, Trump
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Consumers Not So Confident
Financial FAQs “Consumer confidence improved in May after five consecutive months of decline,” said Stephanie Guichard, Senior Economist, Global Indicators at The Conference Board. “The rebound was already visible before the May 12 US-China trade deal but gained momentum afterwards.” Conference … Continue reading
Posted in Consumers, COVID-19, Politics, Weekly Financial News
Tagged China, consumer spending, Economy, Federal Reserve, foreign trade, GDP growth, inflation, interest rates, Politics, tariff agreements, tariffs, Trump
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Why Harvard?
Answering Kennedy’s Call “But the Trumpist effort to destroy Harvard and other elite universities — for that is clearly their intention — will do vast damage to our nation’s future.” Paul Krugman FREDERIC J. BROWN/AFP/Getty Images) Huffington Post The … Continue reading
Manufacturing Not the Problem
Popular Economics Weekly “In April, U.S. manufacturing activity slipped marginally further into contraction after expanding only marginally in February. Demand and output weakened while input strengthened further, conditions that are not considered positive for economic growth.” ISM Manufacturing FREDIndustrialproduction U.S. … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, consumer spending, Economy, Federal Reserve, GDP growth, inflation, interest rates, Politics, tariffs, Trump
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No Art of the Deal?
Financial FAQs “It’s 100 days into the Trump Presidency and looking more and more like President Trump is no more effective at running the country than his business interests. His book, The Art of the Deal, was meant to tout his negotiating … Continue reading
Posted in Consumers, COVID-19, Economy
Tagged Donald Trump, Economy, Federal Reserve, GDP growth, Great Recession, history, inflation, interest rates, news, Politics, Trump
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Who Needs a Tax Cut?
Popular Economics Weekly “A bill that cuts federal income taxes for middle-class families makes absolutely no sense, except as a sad way of camouflaging the real intent of the bill: Giving millions of dollars to the very wealthy, who happen … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged economics, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, Politics, Trump
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Consumers Are Unhappy
Financial FAQs “Consumer confidence declined for a fifth consecutive month in April, falling to levels not seen since the onset of the COVID pandemic,” said Stephanie Guichard, Senior Economist, Global Indicators at The Conference Board. “The decline was largely driven … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, consumer confidence, Economy, inflation, interest rates, Politics, tariffs, unemployment report
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Trump’s Manufacturing Scam
Financial FAQs “Why? It’s not like we’re a small country or full of stupid people. No, it’s the takeover of the economists and bankers. Simply put, modern American law is oriented towards ensuring very high returns on capital to benefit … Continue reading
Posted in Consumers, COVID-19, Economy
Tagged consumer spending, Donald Trump, Economy, GDP growth, Great Depression, inflation, news, Politics, Trump
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Stopping the Steal
Popular Economics Weekly “We were losing hundreds of billions of dollars with China. Now we’re essentially not doing business with China. Therefore, we’re saving hundreds of billions of dollars. Very simple.” Donald Trump NYTimes Why would Trump mouth such an … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, consumer spending, Economy, Federal Reserve, GDP growth, inflation, interest rates, Politics, tariffs, Trump, unemployment report
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What’s Next?
Financial FAQs “The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 1.1 percent on May 1, down from 2.4 percent on April 30.” AtFedGDPNow What’s next for economic growth? Predictions for Q2 … Continue reading
Posted in Consumers, COVID-19, Politics, Weekly Financial News
Tagged consumer confidence, economics, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, Politics, Trump
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