Category Archives: Economy

The Coronavirus—A New World War

Posted on March 26, 2020 by Popular Economics Weekly

Popular Economics Weekly Conference Board Nobel laureate Paul Krugman has said it might take an alien invasion to bring Americans together again to counter the threat of another economic downturn possibly as great as the Great Depression. Well, the new … Continue reading →

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

Housing Market Will Survive Coronavirus

Posted on March 24, 2020 by Popular Economics Weekly

The Mortgage Corner NAHB.org What happens to housing with the COVID-19 pandemic? It had been on the road to recovery with record low interest rates; so much so that single-family housing starts have been soaring since 2019 as more millennials … Continue reading →

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

Why Do We Need a (new) New Deal?

Posted on March 19, 2020 by Popular Economics Weekly

Financial FAQs Amazon COVID-19 has finally done it. The new bi-partisan legislation working through congress that apportions money to the people and businesses that really need it—working (salaried) folk and small businesses with less access to credit—tell us why we … Continue reading →

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

Has the Recession Begun?

Posted on March 17, 2020 by Popular Economics Weekly

Popular Economics Weekly Wikipedia It might not matter when the so-called infection curve begins to flatten, or the epidemic “washes away”, as President Trump has said. The economic damage has already been done, due in part to the lack of … Continue reading →

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

How Do We Fight COVID-19?

Posted on March 12, 2020 by Popular Economics Weekly

Popular Economics Weekly St.LouisFRED Economists are beginning to predict the worst due to the COVID-19 outbreak that has become a worldwide pandemic.  Former Fed Vice-Chairman Alan Blinder said recently on CNBC that a recession may have already begun this March; … Continue reading →

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

Nobelist Daniel Kahneman on Thinking, Fast and Slow

Posted on March 9, 2020 by Popular Economics Weekly

Financial FAQs Amazon Thinking, Fast and Slow; what else should Nobel Laureate Daniel Kahneman be noted for, the son of Lithuanian Jewish parents fleeing the Russian Empire in the 1920s who grew up  to the sound of marching black boots … Continue reading →

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

No Job Losses Due to Coronavirus—Yet

Posted on March 7, 2020 by Popular Economics Weekly

Popular Economics Weekly MarketWatch The Labor Department’s February employment survey took place in the middle of February, before the coronavirus began its worldwide spread. So we will have to wait for March employment figures to know its impact on employment, … Continue reading →

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

The Wages of Fear in a Recession—Part II

Posted on March 2, 2020 by Popular Economics Weekly

Financial FAQs FRED Is the U.S. economy already in recession? How can it be with more than 80 percent of the adult workforce employed? But that isn’t how recessions actually begin, as portrayed in the above St. Louis Fed unemployment … Continue reading →

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

The Wages of Fear In Distrustful Times

Posted on February 28, 2020 by Popular Economics Weekly

Financial FAQs Goldman Sachs The Wages of Fear is a famous 1950s French film starring Yves Montand about four men that agree to carry a very dangerous cargo of nitroglycerine, the main dynamite ingredient, through a remote South American jungle … Continue reading →

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

Why Are Retail Sales Struggling?

Posted on February 15, 2020 by Popular Economics Weekly

Financial FAQs Calculated Risk Retail sales have slowed markedly since the fall of 2019, with monthly overall sales up just 0.3 percent, and rising 3.9 percent annually without volatile gasoline prices. This means the U.S. is basically stuck in a … Continue reading →

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