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.

No More Inflation?

Posted on June 14, 2023 by Popular Economics Weekly

Financial FAQs FREDppifinaldemand The Federal Reserve has announced its first rate pause since it began to raise short term rates last year. But it threatened to raise rates twice more this year after a six week pause to study the … Continue reading →

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

Homeowners Have Record Equity

Posted on June 12, 2023 by Popular Economics Weekly

The Mortgage Corner Meredith Whitney, a noted real estate consultant recently interviewed on CNBC’s Squawk Box, said American homeowners have a record amount of equity in their homes. The average Loan-to-Value (LTV) of mortgages has dropped to 30 percent, which … Continue reading →

Posted in Consumers, COVID-19, Economy, Housing, housing market | Leave a comment

Building a ‘Livable’ Climate Change Coalition

Posted on June 7, 2023 by Popular Economics Weekly

CHAPTER ELEVEN Old Town’s Revival Chapter Eleven is an excerpt from my memoir that discusses tools needed to form a community consensus. Our effort was dedicated to redevelopment of Old Town Goleta, prior to forming the new City of Goleta. … Continue reading →

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Inflation or Deflation Next Year?

Posted on June 5, 2023 by Popular Economics Weekly

Financial FAQs FREDpersonalconsumption The Fed’s favored personal consumption expenditures price index (PCE) has been on a sharp downward trend since June 2022 when it reached its 7 percent inflation high. Both its overall headline indicator (blue line) and core index … Continue reading →

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Huge May Employment Report

Posted on June 2, 2023 by Popular Economics Weekly

Popular Economics Weekly MarketWatch How can 339,000 jobs have been created in May when a recession is supposed to happen later this year? And the unemployment rate have risen to 3.7 percent from 3.4 percet last month, confounding all the … Continue reading →

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Debt Ceiling Deal Preserves New Deal

Posted on May 31, 2023 by Popular Economics Weekly

Financial FAQs FREDusdebt President Biden said it best concerning the agreement to raise the national debt ceiling for two years, when asked at the G-7 summit if it could cause a recession. “I know it won’t…Matter of fact, the fact … Continue reading →

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U.S. Economic Life Signs Improve

Posted on May 26, 2023 by Popular Economics Weekly

Popular Economics Weekly FREDpceindex After a sputtering start, it looks like the U.S. economy is picking up steam. First Quarter GDP growth was revised upward from 1.1 to 1.3 percent in the BEA’s second estimate yesterday. And the Personal Consumption … Continue reading →

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This Recovery Another ‘Roaring Twenties’?

Posted on May 23, 2023 by Popular Economics Weekly

Financial FAQs AtlantaFed.org I wonder if our recovery from the COVID-19 pandemic could repeat the ‘Roaring Twenties’ jazz era of F Scott Fitzgerald. Why not? There are some surprising similarities. The Roaring Twenties were named for the era that followed … Continue reading →

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Existing-Home Sales Still in Decline

Posted on May 18, 2023 by Popular Economics Weekly

The Mortgage Corner I said last week that higher new home sales and rising homebuilders’ optimism foretell a strong summer sales season if builders and existing-home inventories don’t run out of housing stock. The problem is not enough existing homes … Continue reading →

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Retail Sales Still Healthy

Posted on May 17, 2023 by Popular Economics Weekly

Financial FAQs Calculated Risk/Census Bureau Why do consumers keep spending with so much news warning of an impending recession? Well, because we’re not even close to a recession yet. NYTimes columnist and Nobel laureate Paul Krugman has been puzzling over … Continue reading →

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