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Author Archives: Popular Economics Weekly
When Will Housing Recover?
The Mortgage Corner With the Federal Reserve saying it is about to cut rates, will the housing sector finally come out of its own recession? All the indicators of housing health—existing-home sales, new-home sales, construction, and for sale inventories—are at … Continue reading
Posted in Consumers, COVID-19, Housing, housing market, Weekly Financial News
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Federal Reserve Now Behind the Curve?
Popular Economics Weekly FREDunemployment Well, now it has happened. Powell’s Federal Reserve may have waited too long to begin the rate cuts. The financial markets think so, at least, as a stock selloff has begun and bonds are rallying in … Continue reading
Posted in Consumers, COVID-19, Economy, Weekly Financial News
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Let’s Make America More Equal Again!–Part 2
Answering Kennedy’s Call Piketty-Saez Why did our income inequality begin to worsen in 1980, as can be seen from the above graph? The Arab-OPEC oil embargo of 1973 was the first indication that Big Business under the newly created Business … Continue reading
Posted in Consumers, COVID-19, Economy, Keynesian economics, Politics
Tagged Income inequality, inequality, economics, Politics, history
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Plenty of Available Jobs!
Financial FAQs As a precursor to July’s unemployment report, the Labor Department’s JOLTS report that measures the number of job openings—jobs waiting to be filled—has just come out. The number of openings is still the highest in decades, per the … Continue reading
Posted in Weekly Financial News, Keynesian economics, Consumers, Economy, COVID-19
Tagged Federal Reserve, inflation, Economy, finance, economics
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Make America More Equal Again!
Answering Kennedy’s Call Piketty-Saez I have a suggestion for a campaign motto I first wrote about in a 2017 Huffington Post piece that could give a boost to VP Harris’s presidential campaign. Instead of Trump’s slogan, “Make America Great Again.” … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged economics, Income inequality, news, Politics, poverty
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An End to the Greater Lawlessness?
Answering Kennedy’s Call I believe we are at another turning point in history, a return to an era of lawfulness that one political party has ignored since the deaths of JFK, Brother Bobby Kennedy, and Martin Luther King, Jr. And … Continue reading
Posted in Politics, Uncategorized
Tagged mental-health, narcissism, narcissist, narcissistic-personality-disorder, psychology
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Much Improved Q2 Economic Growth
Financial FAQs Today’s second quarter Gross Domestic Product (GDP) grew 2.8 percent, double first quarter’s 1.4 percent, which will give a huge boost to confidence that no recession is imminent, but also enough ammunition for the inflation hawks that say … Continue reading
Posted in Consumers, COVID-19, Economy, Housing, housing market, Weekly Financial News
Tagged business, economics, Economy, finance, inflation
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More Greater Lawlessness–Republicans’ Climate Denial
Answering Kennedy’s Call NYTimes One year ago, on August 16, 2022, President Biden signed the Inflation Reduction Act into law – the largest investment in clean energy and climate action ever. “The Inflation Reduction Act is a transformative law that … Continue reading
Posted in Consumers, COVID-19, Economy, Politics
Tagged climate change, environment, inflation-reduction-act, Politics, renewable energy
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The Greater Lawlessness–Republicans War on America
Answering Kennedy’s Call Trump’s selection of J.D. Vance as Vice-President means the chaos of Trump’s first administration will continue on steroids, as Trump will have a VP who will assist him in continuing to tear down one institution after another … Continue reading
Posted in Consumers, COVID-19, Economy, Politics
Tagged Donald Trump, j-d-vance, news, Politics, Trump
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Retail Sales Falter
The Mortgage Corner Fed Chair Powell has said it again. Second-quarter economic data including last week’s consumer price report “do add somewhat” to confidence that inflation is heading down to the central bank’s 2 percent goal at an Economic Club … Continue reading
Posted in Consumers, COVID-19, Economy, Housing, housing market, Weekly Financial News
Tagged Economy, Federal Reserve, finance, inflation, real-estate
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