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Author Archives: Popular Economics Weekly
No More Inflation?
Popular Economics Weekly It will probably be hard to believe for those scarred by the post-pandemic inflation scare that inflation isn’t declining, but there was no inflation increase in May for both wholesale (PPI) and retail (CPI) inflation indexes. Yes, … Continue reading
Posted in Consumers, COVID-19, Economy, Housing, housing market, Politics, Weekly Financial News
Tagged Economy, Federal Reserve, finance, inflation, news
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Greater Lawlessness Causes Great Recessions
Financial FAQs I began writing about Republicans’ disregard for laws in 2012 after the Great Recession of 2007-09, in which as many as 8 million jobs were lost. But not the Republican Party’s lawlessness, though it has always been the … Continue reading
Where’s the Recession–Part II?
Financial FAQs The unemployment report for May had little weakness, further evidence that the recent Harris poll results—in which 55 percent of those surveyed believed the US is in a recession—doesn’t reflect reality. In fact, total nonfarm payroll employment increased … Continue reading
Posted in Consumers, COVID-19, Economy, Keynesian economics, Politics, Weekly Financial News
Tagged economics, Economy, inflation, macroeconomics, unemployment
1 Comment
Fed’s Preferred Inflation Indicator Softens
Popular Economics Weekly The latest economic data show the US economy slowed in Q1 2024, but economic growth should increase in the second quarter because consumers will continue to spend. Personal Consumption Expenditures (PCE), the best measure of overall consumer … Continue reading
Posted in Consumers, COVID-19, Economy, Macro Economics, Weekly Financial News
Tagged Economy, Federal Reserve, finance, inflation, jobless claims
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The Republican Party’s Growing Lawlessness
Popular Economics Weekly Many Republicans continue to maintain the innocence of former President Donald Trump after his conviction on 34 counts of tax fraud by a New York jury. It confirms what I have written about over more than a … Continue reading
Posted in Politics, Uncategorized
Tagged Donald Trump, joe-biden, Politics, Republicans, Trump
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Where’s the Recession?
Financial FAQs The most recent Harris-Guardian poll found 56 percent of those surveyed thought the US was in a recession. And 49 percent believed unemployment was at a 50-year high. How is that possible when the economic facts are exactly … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged economics, Economy, finance, inflation, unemployment
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Whose Inflation Is Too High?
The Mortgage Corner Declining inflation has stalled in the first quarter, which is hurting prospects for any Fed rate cuts, and causing consumers to buy less. The inflation rate is currently stuck in the 3 percent range, though much lower … Continue reading
Posted in Consumers, COVID-19, Economy, Housing, housing market, Weekly Financial News
Tagged business, Economy, Federal Reserve, inflation, interest rates
2 Comments
Q2 Economic Growth Any Better?
The Mortgage Corner The initial estimate of first quarter 2024 Gross Domestic Product (GDP) growth was less than expected (1.6%), causing financial markets to panic, even though economic growth is better than the initial estimate is reporting, I said last … Continue reading
Posted in Consumers, COVID-19, Economy, Housing, housing market, Weekly Financial News
Tagged economics, Economy, Federal Reserve, finance, inflation
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Retail Sales Decline Worrying
Financial FAQs The bad news might be good news, though it presages further grief for some consumers. Retail sales didn’t increase at all in April, and the Consumers Price Index showed lower inflation, with its annual rate dropping to 3.4 … Continue reading
Posted in Consumers, COVID-19, Economy, Macro Economics, Weekly Financial News
Tagged business, Economy, Federal Reserve, finance, inflation
1 Comment
Why the Inflation Confusion?
Popular Economics Weekly Most pundits (and propagandists) don’t know who to blame for ‘sticky’ inflation, so they blame those who haven’t caused it—such as the current administration or the Federal Reserve. But the sudden rise in prices of the past … Continue reading
Posted in Consumers, COVID-19, Economy, Keynesian economics, Macro Economics, Weekly Financial News
Tagged economics, Economy, Federal Reserve, finance, inflation
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