Category Archives: Economy

U.S. Economy Still Too Hot?

Posted on July 2, 2024 by Popular Economics Weekly

Financial FAQs The battle is intensifying between the Fed Governors’ inflation doves and hawks as we approach November. Chairman Powell says inflation is getting closer to the Fed’s 2 percent target when we enter the 3rd quarter 2024, but he’s … Continue reading →

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The Bully Mentality–III

Posted on June 29, 2024 by Popular Economics Weekly

Answering Kennedy’s Call JONATHAN ERNST / REUTERS “Fostering a culture of fear and ignorance is not the way to run a political party, or country, if it would ever come to that.” I wrote this in 2014 about what I … Continue reading →

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Consumers Not So Confident?

Posted on June 28, 2024 by Popular Economics Weekly

The Mortgage Corner What are we to make of the Conference Board’s latest confidence survey? “The decline in confidence between May and June was centered on consumers aged 35-54. By contrast, those under 35 and those 55 and older saw … Continue reading →

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“Australians Not Like U.S.”

Posted on June 25, 2024 by Popular Economics Weekly

Answering Kennedy’s Call Huffington Post We happened to be in Australia in 2015 when this Sydney journalist voiced his reaction to another mass killing in America. “The US is too immature a society to be allowed to play with guns.” … Continue reading →

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A Greater Lawlessness–On Tyranny

Posted on June 24, 2024 by Popular Economics Weekly

Answering Kennedy’s Call Could we re-elect a tyrant as President? It’s hard to believe the clownish behavior and blatant lies of former President Donald Trump could again put him in the Whitehouse this November. But author and history Professor Timothy … Continue reading →

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How Do We Solve It?

Posted on June 21, 2024 by Popular Economics Weekly

The Mortgage Corner I speak of the housing shortage, as much as 2 million residential units—owner-occupied and rental units—according to housing economists. What is to be done with mortgage rates at historic highs and material shortages everywhere? Much of it … Continue reading →

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Retail Sales Falter–What May Follow?

Posted on June 18, 2024 by Popular Economics Weekly

Financial FAQs American consumers are tiring after two years of no relief from higher prices and interest rates. They are now looking for bargains everywhere in the latest retail sales report from the Census Bureau. It’s the second month of … Continue reading →

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No More Inflation?

Posted on June 13, 2024 by Popular Economics Weekly

Popular Economics Weekly It will probably be hard to believe for those scarred by the post-pandemic inflation scare that inflation isn’t declining, but there was no inflation increase in May for both wholesale (PPI) and retail (CPI) inflation indexes. Yes, … Continue reading →

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Greater Lawlessness Causes Great Recessions

Posted on June 11, 2024 by Popular Economics Weekly

Financial FAQs I began writing about Republicans’ disregard for laws in 2012 after the Great Recession of 2007-09, in which as many as 8 million jobs were lost. But not the Republican Party’s lawlessness, though it has always been the … Continue reading →

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Where’s the Recession–Part II?

Posted on June 7, 2024 by Popular Economics Weekly

Financial FAQs The unemployment report for May had little weakness, further evidence that the recent Harris poll results—in which 55 percent of those surveyed believed the US is in a recession—doesn’t reflect reality. In fact, total nonfarm payroll employment increased … Continue reading →

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