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.

Where Have All the Profits Gone?

Popular Economics Weekly I first wrote about the reasons for the huge stock selloff in early February when the DOW plunged more than 1,000 points in one day. It seems to be repeating itself this week, with the DOW losing … Continue reading →

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Where Are Our Leaders?

  Where are the leaders that can lead us out of the current cultural and political deadlock that is preventing stronger gun safety laws, allowing rollback of environmental regulations, and the current administration’s denial of global warming that will surely … Continue reading →

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Lower Inventory = Fewer Home Sales

The Mortgage Corner WASHINGTON (February 21, 2018) — Existing-home sales slumped for the second consecutive month in January and experienced their largest decline on an annual basis in over three years, according to the National Association of Realtors. All major … Continue reading →

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Who Is Killing Our Children?

Popular Economics Weekly The fact that the NRA contributed $30 million to Donald Trump’s campaign is all we need to know about who is responsible for deaths of 14 high school children and 3 adults in Florida, or the 58 … Continue reading →

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New-Home Construction Soaring

Financial FAQs Construction of new homes in the U.S., known as housing starts, jumped almost 10 percent in January to an annual rate of 1.33 million. That’s the second highest level since the Great Recession and it easily exceeded the … Continue reading →

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2018 Housing Market To Stay Strong

The Mortgage Corner Total existing-home sales1, https://www.nar.realtor/existing-home-sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 1.1 percent in 2017 to a 5.51 million sales pace and surpassed 2016 (5.45 million) as the highest since 2006 … Continue reading →

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What is a Common Sense Stock Market?

Financial FAQs Pundits and stock traders seem to believe Friday and Monday’s stock “massacre” was caused by too-quick trigger fingers—in computers controlled by algorithms, not people. Whereas, investors and traders using their common sense would have seen the ‘yuge’ drop … Continue reading →

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Why the ‘Yuge’ Stock Market Selloff?

Popular Economics Weekly The quick answer is that too much money is chasing too few stocks, believe it or not. The record low interest rates—the 10-year treasury yield just dropped back to 2.75 percent from 2.85 percent before Friday’s selloff—is … Continue reading →

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Wages Rise in Unemployment Report!

Popular Economics Weekly The best news in January’s unemployment report was average hourly wages jumped 9 cents, to $26.74. It pushed the yearly increase to 2.9 percent from 2.6 percent, marking the highest level since the end of the Great … Continue reading →

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Q4 GDP Growth Misses 3 Percent

Popular Economics Weekly Consumers and businesses powered the economy to a 2.6 percent rate of gross domestic product growth in the final three months of 2017, according to the Commerce Department. But declining inventories and a wider trade deficit kept … Continue reading →

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