Category Archives: Consumers

Near-Record Home Sales Combine with Record Low Interest Rates

Posted on March 25, 2019 by Popular Economics Weekly

The Mortgage Corner Graph: Econoday Existing-home sales rebounded strongly in February, experiencing the largest month-over-month gain since December 2015, according to the National Association of Realtors. Three of the four major U.S. regions saw sales gains, while the Northeast remained … Continue reading →

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Who’s Most Damaged by Trade Wars??

Posted on March 22, 2019 by Popular Economics Weekly

Popular Economics Weekly Why cannot the Trump administration make $1 + $1 = $2? It’s obvious to all major economists and anyone with basic arithmetic skills that foreign tariffs not only raise the prices of those imports to US, which … Continue reading →

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Why Do We Depend on the Fed??

Posted on March 20, 2019 by Popular Economics Weekly

Financial FAQs The March FOMC meeting ended today, the Fed left rates unchanged, and financial markets are spinning their wheels attempting to guess what happens next—e.g., how many rates hikes this year? The Fed’s decision to pause their rate hikes … Continue reading →

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ANSWERING the KENNEDYS CALL FOR PEACE

Posted on March 18, 2019 by Popular Economics Weekly

The Rebuilding of Local Communities! Where does the rebuilding of local communities that creates a sense of healthy community itself really happen? At the local level, whether it be in neighborhoods, towns, or cities. It is everywhere residents find a … Continue reading →

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Why No Inflation??

Posted on March 12, 2019 by Popular Economics Weekly

Financial FAQs Econoday There is almost no inflation, and the markets love it, as both stocks and bonds are rallying on news. The Consumer Price Index rose just 1.5 percent in February, and its core without more volatile food and … Continue reading →

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Homeownership Expands Again

Posted on March 11, 2019 by Popular Economics Weekly

The Mortgage Corner Washington Post “New data indicate that in 2016, in defiance of myriad prognostications, the decade-long decline in the homeownership rate abruptly reversed. Once-rapid growth in renter households stalled, and the long-stagnant number of owner-led households began rising,” … Continue reading →

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Can US Service Sector Boom Reduce Our Deficits?

Posted on March 6, 2019 by Popular Economics Weekly

Popular Economics Weekly Econoday.com All 18 non-manufacturing industries reported growth in February, according to the ISM’s non-manufacturing index, which gives a monthly overview of service sector activity. This is huge and says the service sector that makes up two-thirds of … Continue reading →

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Q4 Real GDP Growth Still Good

Posted on March 1, 2019 by Popular Economics Weekly

Popular Economics Weekly BEA.gov Real gross domestic product (GDP) increased at an annual rate of 2.6 percent in the fourth quarter of 2018 (table 1), according to the “initial” estimate released by the Bureau of Economic Analysis. In the third … Continue reading →

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Why the Record Low Interest Rates?

Posted on February 26, 2019 by Popular Economics Weekly

The Mortgage Corner fred.stlouisfed.org The 30-year fixed rate conforming mortgage rate fell to a 1-year low, according to Freddie Mac, the GSE still in government conservatorship, and major purchaser of conforming conventional mortgages. The 30-year fixed-rate averaged 4.35 percent in … Continue reading →

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What If No Brexit Deal?

Posted on February 20, 2019 by Popular Economics Weekly

Popular Economics Weekly Equalitytrust.org We know why the UK voted to exit the EU—UK working class anger at not gaining many of the benefits from joining the EU, while experiencing its downside with the influx of eastern EU citizens that … Continue reading →

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