Author Archives: Popular Economics Weekly

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About Popular Economics Weekly

Harlan Green is editor/publisher of PopularEconomics.com, and content provider of 3 weekly columns to various blogs--Popular Economics Weekly, Financial FAQs and the Mortgage Corner.

What Is the Future of Interest Rates?

The Mortgage Corner The deficit is moving to the back burner with Donald Trump and congressional Republicans in charge of Washington, and that is causing interest rates to rise quickly. Republicans leaders on Capitol Hill are now papering over divisions … Continue reading →

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What, Now A Trump Recession?

Popular Economics Weekly Economists are already warning that if President-elect Trump’s policies are enacted, such as initiating trade wars, or the wrong tax cuts, or even cutting back on social security and Medicare benefits, we could see another recession, similar … Continue reading →

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Full Employment Reached—161,000 Payroll Jobs

Popular Economics Weekly Average hourly earnings are up 2.8 percent annually, a recovery high. Nonfarm payroll growth was up 161,000 with upward revisions adding a net total 44,000 to September (191,000) and August (156,000). The unemployment rate is down 1 … Continue reading →

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Why is Donald Trump Acting Like A Russian Oligarch?

It’s becoming clear why Presidential Candidate Trump and Russian President Putin have been so chummy with each other. Trump has become dependent on Russian oligarchs to fund his real estate ventures, since U.S. banks no longer will because of his … Continue reading →

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Personal Incomes, Manufacturing Remain Strong

Popular Economics Weekly Personal income rose a solid but slightly lower-than-expected 0.3 percent in September, reports the Commerce Department’s Bureau of Economic Analysis (BEA). The wages & salaries component rose 0.3 percent, another sign of rising incomes. That’s why consumer … Continue reading →

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Q3 GDP Growth Fastest In 2 Years

Financial FAQs Third quarter GDP growth was the fastest in two years, aided by a spike in soybean and other U.S. exports and a rebound in the size of inventories companies keep on hand for sale, reports the U.S. Bureau … Continue reading →

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Housing Sales, Prices Continue Skyward

The Mortgage Corner The S&P Case Shiller Home Price Index continues to soar, with Seattle and Portland existing-home prices up double digits in a year, while Dallas and Denver are up some 8 percent annually. Case-Shiller’s national index is within … Continue reading →

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Hillary Clinton, the New FDR?

Popular Economics Weekly Even President Obama, among others, has said Hillary Clinton is one of the most qualified presidential candidates ever. And she has been advocating a new New Deal for America, including tuition-free public universities and colleges, paid maternity … Continue reading →

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Housing Construction Slows

The Mortgage Corner Single-family housing construction rose in September. Though overall starts plunged what looks like a shocking 9.0 percent in September, to a 1.047 million annualized rate, said Econoday. The drop is tied entirely to the volatile multi-family component … Continue reading →

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A Recovery In Retail Sales?

Financial FAQs September retail sales rose: total up 0.6 percent, ex-auto up 0.5 percent, ex-auto ex-gas up 0.3 percent, which indicates a good holiday season for retail. But this is bucking the downward trend that has sales sinking to the … Continue reading →

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