Category Archives: Economy

Employment Report Won’t Cause Fed to Raise Rates

Posted on October 3, 2014 by Popular Economics Weekly

Financial FAQs Unemployment falls below 6% for first time since 2008 as U.S. adds 248,000 jobs said today’s MarketWatch headline at the release of the Labor Department’s September unemployment report. But it won’t be enough to push Janet Yellen’s Federal … Continue reading →

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Existing-Home Sales and Interest Rates

Posted on September 22, 2014 by Popular Economics Weekly

The Mortgage Corner The National Association of Realtors reported after four consecutive months of gains, existing-home sales slipped in August, as all-cash paying investors retreated from the market. Sales increases in the Northeast and Midwest were outweighed by declines in … Continue reading →

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Yellen’s Fed is Full Speed Ahead

Posted on September 20, 2014 by Popular Economics Weekly

Financial FAQs Is it possible? The Federal Reserve is now more interested in creating wealth for the many, rather than fighting inflation for the wealthiest worrying about their bond prices, as it has in the past? This may seem counterintuitive, … Continue reading →

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Who Are the Real Takers?

Posted on September 19, 2014 by Popular Economics Weekly

Popular Economics Weekly We have been there before. The Census Bureau reported that the poverty rate fell in 2013, the first drop since 2006. It fell to 14.5 percent, down from 15 percent in 2013, but 45.3 million people are … Continue reading →

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Retail Sales Much Stronger?

Posted on September 15, 2014 by Popular Economics Weekly

Financial FAQs The jump in retail sales was huge, plus upward revisions to past months that made more sense with other indicators of a growing economy. It seems the consumer can afford to spend more with lower debt levels and … Continue reading →

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Labor’s Day Not Celebrated?

Posted on September 5, 2014 by Popular Economics Weekly

Financial FAQs It looked like August’s unemployment report would celebrate this year’s Labor Day in a big way. We know it because most employment indicators point to many more jobs this year that also pay more. Starting with the August … Continue reading →

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Consumer Confidence Surging, Why Not Spending?

Posted on August 27, 2014 by Popular Economics Weekly

Popular Economics Weekly Consumer confidence is up led by strength in the current assessment, which points to gains for consumer readings in August. But why aren’t consumers spending more, if so? Auto sales are up, but retail sales overall are … Continue reading →

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Yellen + Jackson Hole = Higher Growth

Posted on August 26, 2014 by Popular Economics Weekly

Popular Economics Weekly New Fed Chairman Janet Yellen plus a few other major central bankers at their annual Jackson Hole conference seem to have committed a heresy by advocating full employment as the goal of central bank policies, above and … Continue reading →

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Leading Indicators, Housing, Show More Growth Ahead

Posted on August 24, 2014 by Popular Economics Weekly

Financial FAQs It looks like the US economy is kicking into high gear from its winter slump, as the Conference Board’s just released July Index of Leading Indicators (LEI) jumped 0.9 percent, the highest it’s been this year. It is … Continue reading →

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Where is the Inflation?

Posted on August 21, 2014 by Popular Economics Weekly

Financial FAQs Stocks and bonds are rallying, as it looks like inflation is still falling, rather than rising. This is good news for investors, but prices aren’t rising enough to boost economic growth yet. Boosting inflation seems to be the … Continue reading →

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