Category Archives: Economy

Why Fewer Jobs Created in August?

Popular Economics Weekly MarketWatch The economy added just 130,000 new jobs in August, marking the smallest increase in three months and offering more evidence that hiring has slowed amid a broadening trade dispute with China that’s disrupted the U.S. and … Continue reading →

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What Happens When % Rates Go Even Lower?

The Mortgage Corner FRED The NAR’s pending home sales index was softer than expected in July, thereby reversing nearly all of its June increase.  That left the index with a slight YOY decline of 0.3 percent.  Those results probably mean … Continue reading →

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Q2 GDP Growth Slowing—What Else?

Popular Economics Weekly BEA.gov The 2nd estimate of second quarter Real Gross Domestic Growth slowed to 2 percent, from 3.1 percent in January. It looks like GDP is slowing to the average rate that has prevailed since the end of … Continue reading →

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Budget Deficits With the Laffer Curve

Financial FAQs Wikipedia There is an economic theory of sorts that helps us to understand why our political parties can’t agree on how to grow an economy that benefits most Americans. It’s called the Laffer Curve, reputedly first drawn on … Continue reading →

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Housing Sales Higher, % Rates Plunging to Zero?

The Mortgage Corner Calculatedriskblog Total July existing-home sales, https://www.nar.realtor/existing-home-sales that include single-family homes, townhomes, condominiums and co-ops, rose 2.5 percent from June to a seasonally adjusted annual rate of 5.42 million in July, according to the National Association of Realtors … Continue reading →

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Will Corporations Become More Responsible?

Popular Economics Weekly Tradingeconomics It is a sea change in economic thinking when corporate CEOs that belong to the Business Roundtable sign a Statement of Purpose to consider more than maximizing their profits, when maximizing corporate profits at the expense … Continue reading →

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How Low Can Interest Rates Go?

Popular Economics Weekly Calculatedriskblog Why are interest rates so low—not just in the US? It’s been below 0 percent in the northern EU countries and Japan for years because there is little worldwide inflation, which means there’s not sufficient demand … Continue reading →

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Trade Protectionism = Recession?

Popular Economics Weekly FRED BEIJING (AP) — China’s government has threatened unspecified “necessary countermeasures” if Trump’s planned tariff hike goes ahead said the AP. And it followed up the threat by devaluing their Yuan by more than 7 percent against … Continue reading →

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Manufacturing, Foreign Trade Faltering

Financial FAQs US manufacturers grew in July at the slowest pace in three years thanks to festering U.S. trade disputes that have hurt exports and undermined the global economy. It was the lowest number since August 2016, as the FRED … Continue reading →

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What Happened to Main Street—Part II?

Popular Economics Weekly FRED Corporate responsibility is back in the air with a vengeance; not only from Senators Elizabeth Warren and Bernie Sanders who constantly remind us on the campaign trail that corporate misbehavior has tilted the “playing field” of … Continue reading →

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