Category Archives: Economy

U.S. Loses 701,000 Jobs in March

Posted on April 3, 2020 by Popular Economics Weekly

Financial FAQs MarketWatch Total nonfarm payroll employment fell by 701,000 in March, and the unemployment rate rose to 4.4 percent, the U.S. Bureau of Labor Statistics reported today. The changes in these measures reflect the effects of the coronavirus (COVID-19) … Continue reading →

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Might We Have More Than One Pandemic?

Posted on April 1, 2020 by Popular Economics Weekly

Popular Economics Weekly Wrightson/ICAP Yes, says behavioral economist Robert Shiller, who won his Nobel prize for the study of human behavior in financial markets. Why? Financial market investors are panicking because of the COVID-19 pandemic, for starters, which could affect … Continue reading →

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The Cure Has To Be Worse Than the Problem

Posted on March 30, 2020 by Popular Economics Weekly

Financial FAQs Federal Reserve President Trump on Sunday announced that he was extending his administrations guidelines on social distancing during the COVID-19 pandemic to April 30. He seems to have taken the recommendation of his top scientific advisors Drs. Fauci … Continue reading →

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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 →

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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 →

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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 →

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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 →

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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 →

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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 →

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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 →

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