Category Archives: COVID-19

Inflation Already Declining!

The Mortgage Corner AtlantaGDPNow The Atlanta Federal Reserve has just upped their estimate of Q3 economic growth to +2.9 percent after two quarters of negative growth. Why are they thinking that economic growth will resume when the Fed says it … Continue reading

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Too Much Disinflation Is Bad Planning

Financial FAQs FREDcapex The rumblings of an oncoming disinflationary spiral are becoming louder. And it may be as difficult to tame as the current inflationary spike that so worries the Federal Reserve. What is disinflation as opposed to outright deflation? … Continue reading

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Employment Slowing Enough?

Popular Economics Weekly  MarketWatch Job growth is slowing, but is it enough to call off the inflation hawks, including Federal Reserve Governors, from wanting more rate hikes? The U.S. Economy is still fully employed for those wanting to work; with … Continue reading

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It’s Time For Positive Economic Growth!

Financial FAQs AtlantaFed Economists are beginning to predict third quarter grow domestic product (GDP) growth will turn positive after two quarters of negative growth, maybe ending thoughts of a recession occurring next year. The U.S. trade deficit fell in August … Continue reading

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Will U.S. Economy Slow Enough?

The Mortgage Corner Calculated Risk Is the economy slowing enough to cause the Fed to pause in their rather draconian rate hikes that have alarmed the financial markets enough to cause them to believe a recession is imminent? Wall Street’s … Continue reading

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Homebuyers on the Move Again

The Mortgage Corner FRED30yrfixed Mortgage rates are on the march again, but so are homebuyers. How long must prospective homebuyers wait when average conforming 30-year fixed rates topped 6.29 percent this week per Freddie Mac and the Fed says they may push … Continue reading

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Do Consumers Know More?

The Mortgage Corner Calculated Risk Calculated Risk’s graph of the Labor Department’s Weekly Initial Unemployment Claims could tell us all we need to know about our economic health. It’s good and getting better. Claims are at a record low once … Continue reading

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What is the Real Inflation Problem?

Financial FAQs FREDppi What is worse, inflation rates, say, of 4 to 5 percent—slightly above historical averages, and average gas prices maybe $3.50 per gallon as they are today—or raising short term rates enough to make consumers pay more and … Continue reading

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When Bad News is Good News

Financial FAQs FREDserviceemployees Doomsayers, such as historian Niall Ferguson, may be doing the Federal Reserve’s job by predicting a recession or worse in the coming year. Their dire warnings are causing plunging stock prices for starters. And oil prices are … Continue reading

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Why Slow Down U.S. Growth?

Popular Economics Weekly MarketWatch Once again, all job categories were positive in the Labor Department’s August unemployment report. Professional/Business, Education & Health, Retail, and Leisure & Hospitality created 211,000 of the 315,000 nonfarm payroll jobs in August’s payroll tally. Why … Continue reading

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