Category Archives: Economy

What’s Wrong With Capitalism?

Financial FAQs Winston Churchill once said, “No one pretends that democracy is perfect or all-wise. Indeed, it has been said that democracy is the worst form of government except all those other forms that have been tried from time to … Continue reading →

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

March Job Creation Exceeds Population Growth

Popular Economics Weekly Stanford economist and Former Chief Economic Advisor Ed Lezear said this morning on CNBC that job creation still exceeds population growth, which is a sign the US economy continues to expand, but at a slower rate. “Total … Continue reading →

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

Ignore the Bad News-Goldilocks Is Back!

Financial FAQs Why has the Fed stopped raising their interest rates? Because this is the lowest inflation rate for ‘core’ consumption expenditures in three decades, as this FRED graph from 1980 onward portrays. fred stlouisfed.org. “We are almost 10 years … Continue reading →

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

This Is Not a Recession!

Financial FAQs fred stlouisfed.org. There is no ‘looming’ recession about to happen, in spite of the warnings from pundits; none of whom are reputable economists to date. For instance, Trump’s new pick for the Federal Reserve Board is not a … Continue reading →

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

Who’s Most Damaged by Trade Wars??

Popular Economics Weekly Why cannot the Trump administration make $1 + $1 = $2? It’s obvious to all major economists and anyone with basic arithmetic skills that foreign tariffs not only raise the prices of those imports to US, which … Continue reading →

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

Why Do We Depend on the Fed??

Financial FAQs The March FOMC meeting ended today, the Fed left rates unchanged, and financial markets are spinning their wheels attempting to guess what happens next—e.g., how many rates hikes this year? The Fed’s decision to pause their rate hikes … Continue reading →

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

Even More Job Openings!

Financial FAQs Calculated Risk The consensus from the Labor Department’s latest JOLTS report is job openings (graph yellow line) keep rising and employers are scrambling to fill them. January’s number of job openings rose 1.4 percent to 7.581 million that … Continue reading →

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

Why No Inflation??

Financial FAQs Econoday There is almost no inflation, and the markets love it, as both stocks and bonds are rallying on news. The Consumer Price Index rose just 1.5 percent in February, and its core without more volatile food and … Continue reading →

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

Homeownership Expands Again

The Mortgage Corner Washington Post “New data indicate that in 2016, in defiance of myriad prognostications, the decade-long decline in the homeownership rate abruptly reversed. Once-rapid growth in renter households stalled, and the long-stagnant number of owner-led households began rising,” … Continue reading →

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

Why Smallest Jobs Increase in 17 months?

Popular Economics Weekly MarketWatch.com Is US economy running out of available workers? Just 20,000 nonfarm payroll jobs were created in February, per the Labor Department’s Bureau of Labor Statistics, the lowest total in 17 months. But it may have been … Continue reading →

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