Category Archives: Economy

California’s Budget Surplus Leads to Credit Upgrade

Posted on November 14, 2014 by Popular Economics Weekly

Popular Economics Weekly A day after voters passed Proposition 2, which creates a “rainy day fund” to cushion the state budget from future economic downturns, major credit-rating house Standard & Poor’s on Wednesday upgraded California’s general obligation bond rating. S&P … Continue reading →

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

Jobless Rate Falls to 5.8 Percent—Why be unhappy?

Posted on November 7, 2014 by Popular Economics Weekly

Financial FAQs Weekly Nonfarm payroll jobs advanced 214,000 in October after gaining 256,000 September and 203,000 in August. Net revisions for August and September were up 31,000. The unemployment rate dipped to 5.8 percent in October from 5.9 percent in … Continue reading →

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

Bullies, Not Government Is the Problem

Posted on November 6, 2014 by Popular Economics Weekly

Financial FAQs Weekly Even though the U.S. economy grew by a 3.5 percent annual rate in the third quarter, boosted by a surge in exports and the biggest jump in federal spending in five years, Democrats don’t seem to be … Continue reading →

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

Government Spending Boosts Q3 GDP

Posted on October 31, 2014 by Popular Economics Weekly

Popular Economics Weekly WASHINGTON (MarketWatch) — The U.S. economy grew by a 3.5 percent annual rate in the third quarter, fueled by a surge in exports and the biggest jump in federal spending in five years, screamed one headline this … Continue reading →

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

Consumer Confidence Soaring, Case-Shiller Home Prices Unchanged

Posted on October 29, 2014 by Popular Economics Weekly

Popular Economics Weekly Why are stock prices rallying?  Maybe it’s because though housing price increases have slowed, consumer confidence is soaring for the holidays.  The prospect for future job and income growth looks good, in other words Home prices contracted … Continue reading →

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

NRA Uses Gun Violence to Maximize Profits

Posted on October 28, 2014 by Popular Economics Weekly

Financial FAQs How can we believe the National Rifle Association opposes gun violence when every mass murder committed with guns is answered by the NRA’s call to buy more weapons? There have been 3 mass killings by crazed gunmen just … Continue reading →

Posted in Consumers, Economy, Politics | Tagged , , , , , , , | Leave a comment

California’s Fracking Controversy

Posted on October 23, 2014 by Popular Economics Weekly

Financial FAQs Santa Barbara voters have an upcoming ballot measure that bans all forms of enhanced drilling techniques, including steam injection and fracking, and it is getting national attention. Fracking supporters tout the huge boost in national oil and gas … Continue reading →

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

Existing-Home Sales Highest in Year

Posted on October 21, 2014 by Popular Economics Weekly

The Mortgage Corner The National Association of Realtors reports total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 2.4 percent to a seasonally adjusted annual rate of 5.17 million in September from 5.05 … Continue reading →

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

Deflation Is Now Major Concern

Posted on October 20, 2014 by Popular Economics Weekly

Popular Economics Weekly We wrote recently about the Eurozone in danger of becoming Japan, which has suffered through some 2 decades of a deflationary spiral, before Prime Minister Abe opened the stimulus spigots. Why is deflation (or disinflation, which is … Continue reading →

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

IMF Report—Europe Is Becoming Japan

Posted on October 9, 2014 by Popular Economics Weekly

Financial FAQs The International Monetary Fund doesn’t want to say it outright, but its latest World Economic Outlook shows more stagnation of the European and Japanese economies, and the possibility of a third EU recession since 2008. Could the EU … Continue reading →

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