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Author Archives: Popular Economics Weekly
Inflation Not the Real Problem
The Mortgage Corner FREDcpi Why do polls say we are going in the wrong direction and the economy isn’t doing well? Fifty-two percent of American adults say they are worse off financially than they were a year ago, according to … Continue reading
Posted in Consumers, COVID-19, Economy, Weekly Financial News
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The Great Clean Air Debate–Part II
Answering Kennedy’s Call Chapter Six Environmental Protection Could be Hazardous At the time, I remember thinking environmental protection should not mean crawling down the partially opened rear stairs of a Boeing 727 passenger jet into a muddy field at San … Continue reading
Posted in Politics, Uncategorized
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Inflation Cooling, Manufacturing Stays Hot
Financial FAQs FREDpce Inflation hawks that keep calling for more Fed rate hikes see a recession coming. But what if inflation is already beginning to decline? The rate of inflation over the past year was unchanged at 6.3 percent in … Continue reading
Posted in Consumers, COVID-19, Economy, Weekly Financial News
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Developing a Livable Community
Answering Kennedy’s Call What are the requirements for a livable community? As recently as 2005, the Institute of American Architects said that “. . . broadly speaking, a livable community recognizes its own unique identity and places a high value … Continue reading
Posted in Consumers, Economy, Housing, Politics, Uncategorized
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Jobs Picture Reduces Inflation Worries
Popular Economics Weekly Calculated Risk Weekly initial unemployment claims are holding at the lowest level since 1970, which is a sign of an extremely tight labor market. In the week ending June 18, the advance figure for seasonally adjusted initial … Continue reading
Posted in Consumers, COVID-19, Economy, Macro Economics, Weekly Financial News
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Goleta’s Dam Dinner is Back!
Answering Kennedy’s Call Noozhawk What better way to show the love of your city than the announcement of a unique event that had been suspended for three years due to COVID-19? Goleta, a city just 20 years old, announced that … Continue reading
Posted in Uncategorized
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Home Sales Returning to Normal
Financial FAQs FREDcalculatedrisk The home sales frenzy that has prevailed since COVID and rock bottom interest rates is finally subsiding. Existing-home sales retreated for the fourth consecutive month in May, according to the National Association of Realtors®. Month-over-month sales declined … Continue reading
Posted in Consumers, COVID-19, Housing, housing market, Weekly Financial News
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What is a Livable City?
Building Community Answering Kennedy’s Call Chapter Twelve I and several others living in Santa Barbara and the Goleta Valley were interested in a more ecologically friendly and less auto-dependent community. Drs. Susanne Lennard, architect, and her husband, child psychologist Henry … Continue reading
Posted in Housing, Politics, Uncategorized
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Higher Inflation Doesn’t Mean Stagflation
Financial FAQs The current headlines would have us believe the bipartisan $1.9 trillion American Rescue Plan and $1.2 trillion American Infrastructure Investment and Jobs Act approved overwhelmingly by both Democrats and Republicans in 2021 will cause prolonged inflation and perhaps lead … Continue reading
Posted in Consumers, COVID-19, Economy, Weekly Financial News
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May’s Strong Jobs Report
Popular Economics Weekly MarketWatch.com “U.S. stocks fell Friday after better-than-expected May payrolls data reinforced expectations for a series of interest rate rises by the Federal Reserve in coming months,” was MarketWatch’s headline re May’s unemployment report. The employment report showed … Continue reading
Posted in Consumers, COVID-19, Economy, Weekly Financial News
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