Author Archives: Popular Economics Weekly

Unknown's avatar

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.

Trumpcare Makes Us Sick, or Worse!

Financial FAQs It took 4 hours to coax Patricia Okoumou, a Congolese immigrant, down from the Statue of Liberty while wearing a t-shirt that said, “Trumpcare Makes Us Sick.” It was serendipitous timing. She was part of a group wanting … Continue reading →

Posted in Politics, Uncategorized, Weekly Financial News | Tagged , , , | Leave a comment

What are Corporations Doing With Their Tax Cut?

Popular Economics Weekly Economists are predicting second quarter GDP growth of as much as 3.8 percent, up from 2.2 percent in Q1 2018. But it may be a one-time surge, as all indications are the massive 2017corporate tax cut that … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

Low Mortgage Rates Boost Sales–Even with Limited Supply

The Mortgage Corner Graph: FRED How is it possible the 30-year fixed conforming rate has fallen again to 4.0 percent for 1 origination point in California, yet has never been below 5 percent before the Great Recession, when mortgage fixed … Continue reading →

Posted in Consumers, Economy, Housing, housing market, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

Trade Wars Kill Future Growth—Part II

Popular Economics Weekly The sad reality is that in initiating trade wars with allies and opponents alike, President Trump could be bringing on the next Great Recession. Because breaking up trade alliances with our allies means less leverage in any … Continue reading →

Posted in Consumers, Economy, housing market, Keynesian economics, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

Trade Wars Kill Future Growth—Part II

Popular Economics Weekly The sad reality is that in initiating trade wars with allies and opponents alike, President Trump could be bringing on the next Great Recession. Because breaking up trade alliances with our allies means less leverage in any … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

Trade Wars Not Good For Future Growth Either

Popular Economics Weekly The Conference Board Leading Economic Index® (LEI)for the U.S. increased 0.2 percent in May to 109.5 (2016 = 100), following a 0.4 percent increase in April, and a 0.4 percent increase in March. This monthly announcement of … Continue reading →

Posted in Consumers, Economy, Macro Economics, Weekly Financial News | Tagged , , , , | Leave a comment

Housing Construction Booming For How Long With a Trade War?

The Mortgage Corner How is it possible the 10-year Treasury yield has fallen back to 2.88 percent, and the 30-year fixed conforming rate is again 4.0 percent for 1 origination point in California? It’s all because the Trump trade wars … Continue reading →

Posted in Consumers, Housing, housing market, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

Boom Times Here with Rising Retail Sales, Inflation

The Mortgage Corner Retail sales jumped 0.8 percent in May which easily tops economists’ estimates. And the results include an upward revision to April which now stands at a 0.4 percent gain, according to Econoday. It is in part due … Continue reading →

Posted in Consumers, Keynesian economics, Weekly Financial News | Tagged , , , | Leave a comment

The Price of Incompetence in Foreign Policy and Trade

Popular Economics Weekly The Trump administration’s foreign policy is becoming obvious after the Singapore Summit with North Korea—Make Russia, N Korea, China (and almost every other authoritarian government in the world) Great Again at the expense of America and its … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , , , | Leave a comment

Record Income Inequality + Trade War = Another Recession?

Popular Economics Weekly Graph: BigTrends.com The Smoot-Hawley Tariff Act, so called, was imposed in 1930 when the Hoover administration raised tariffs on 20,000 foreign, mostly agricultural, imports in an attempt to protect American farmers as we were entering the Great … Continue reading →

Posted in Consumers, Keynesian economics, Politics, Weekly Financial News | Tagged , , , , | Leave a comment