Category Archives: Consumers

What is Normal Inflation?

Posted on September 23, 2023 by Popular Economics Weekly

Financial FAQs I have found support for my contention that the Fed should be done with raising interest rates and in fact drop them sooner rather than later, or we will see a full-blown recession. Campbell Harvey, a Duke University … Continue reading →

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When a Return to Normal?

Posted on September 19, 2023 by Popular Economics Weekly

Financial FAQs FREDfedfunds There is so much confusion in the financial markets, as well as with consumers, over what comes next and little history to compare because we are recovering from a world-wide pandemic, the first one since the Spanish … Continue reading →

Posted in Consumers, COVID-19, Economy, Weekly Financial News | 1 Comment

No More Rate Hikes?

Posted on September 15, 2023 by Popular Economics Weekly

Popular Economics Weekly NBER.org The latest inflation data make it almost unanimous: Chairman Powell, leading economists and even his Fed Governors are saying the Federal Reserve Governors may not raise interest rates again this year, or even next year. Why? … Continue reading →

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Why the Inflation Confusion–Part II

Posted on September 13, 2023 by Popular Economics Weekly

Financial FAQs FREDcpi Americans want to blame someone for the post-pandemic inflation surge, according to most polls. Yet when in our history has it been a real problem affecting serious economic growth? Consumer prices rose again in August to reach … Continue reading →

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Consumer Services Show Growth Rebound

Posted on September 6, 2023 by Popular Economics Weekly

Popular Economics Weekly TradingEconomics Why are the likes of Goldman Sachs chief economist Jan Hatzius predicting no looming recession and better economic growth ahead? It’s partly because of Bidenomics, the boost to growth that the infusion of $billions into renewal … Continue reading →

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Here’s to a Return of Normal – Part II

Posted on September 2, 2023 by Popular Economics Weekly

Popular Economics Weekly MarketWatch Another unemployment report confirms the US economy is returning to normal, and Americans can breathe easier about the danger of a recession. By that I mean adding a more normal 187,000 new jobs in July is … Continue reading →

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Why the Inflation Confusion?

Posted on August 31, 2023 by Popular Economics Weekly

Financial FAQs BEA.gov Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the second quarter of 2023, according to the “second” estimate just released by the Bureau of Economic Analysis (BEA). In the first quarter, real … Continue reading →

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No More Rate Hikes?

Posted on August 29, 2023 by Popular Economics Weekly

Financial FAQs Calculated Risk The latest Job Openings and Labor Turnover Survey (JOLTS) report by the BLS shows there are still a lot of job openings, but that should continue to decline from the post-pandemic high of 12 million job … Continue reading →

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Why Such High Interest Rates?

Posted on August 23, 2023 by Popular Economics Weekly

The Mortgage Corner I said last month the National Association of Realtor’s chief economist Lawrence Yun’s exclamation “the housing recession is over,” was because the NAR’s Pending Home Sales (i.e., homes under contract but not closed) rose for the first … Continue reading →

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Higher Economic Growth Ahead–Part II

Posted on August 17, 2023 by Popular Economics Weekly

Financial FAQs AtlantaGDPNow US economic growth could be accelerating—with manufacturing as well. It was consumers that provided most of the 2.4 percent increase in Gross Domestic Product (GDP) in the ‘advance’ (first of three) estimates of second quarter economic growth, … Continue reading →

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