Category Archives: Economy

The Budget Buster-In-Chief Wants to Scare US

Posted on November 1, 2018 by Popular Economics Weekly

The Mortgage Corner Federal Budget The Treasury is on track to issue $1.34 trillion in new debt this year, more than double the amount in 2017. The Trump tax cuts and higher government spending are leading to higher borrowing needs, … Continue reading →

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No Need to Fear Inflation, Or Higher Interest Rates

Posted on October 30, 2018 by Popular Economics Weekly

Popular Economic Weekly Calculated Risk The benchmark 10-year Treasury Bond Yield fell back to 3.11 percent today with the stock market selloff, down from as high as 3.22 percent last week. And Gross Domestic Product rose 3.5 percent in Q3’s … Continue reading →

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Government Is the Solution, Not the Problem

Posted on October 19, 2018 by Popular Economics Weekly

ANSWERING THE KENNEDYS CALL Graph: NOAA.gov “With clear benefits to people and natural ecosystems, limiting global warming to 1.5ºC compared to 2ºC could go hand in hand with ensuring a more sustainable and equitable society, the Intergovernmental Panel on Climate … Continue reading →

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Record Income Inequality = U.S. Credit Downgrade?

Posted on October 17, 2018 by Popular Economics Weekly

Financial FAQs Graph: MarketWatch The current debate whether the U.S. will escape the ‘new normal’ of slower economic growth since the Great Recession (when homeowners lost a collective $9 trillion in value) is taking a new turn with Moody’s Investor … Continue reading →

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A Weak Jobs Report?

Posted on October 5, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: MarketWatch “The unemployment rate declined to 3.7 percent in September, and total nonfarm payroll employment increased by 134,000, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, in health … Continue reading →

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Strong Employment Report Due Tomorrow?

Posted on October 4, 2018 by Popular Economics Weekly

Financial FAQs Graph: Econoday ADP, or Automatic Data Processing, predicts 230,000 private payroll jobs could be created in September per tomorrow’s U.S. unemployment report. The reason is both the manufacturing and non-manufacturing (service) sectors reported strong hiring in their ISM … Continue reading →

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Housing Supply Still Too Low

Posted on October 1, 2018 by Popular Economics Weekly

The Mortgage Corner Graph: Econoday Most of the construction activity is in the commercial sector, at the moment, though sales of newly-constructed homes rose 3.5 percent compared to July. The pace of new-home sales in August was 12.7 percent higher … Continue reading →

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How Severe Will Be The Next Recession?

Posted on September 27, 2018 by Popular Economics Weekly

Financial FAQs Graph: TradingEconomics.com Why are we discussing the possibility of a severe recession when GDP growth is expected to average 3 percent this year, the highest annual average growth rate in several years? Because there is too much federal … Continue reading →

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Was There Ever A Soft Landing?

Posted on September 25, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: MarketWatch/R Shiller “The Federal Reserve has a chance to do something no U.S. central bank has done before, if it can slow the economy and raise the unemployment rate without pushing the economy into recession,” said … Continue reading →

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Homeowners Preserve Rising Home Equity

Posted on September 20, 2018 by Popular Economics Weekly

The Mortgage Corner Graph: MarketWatch/Black Knight American homeowners have amassed a record $6 trillion in equity in their properties, according to a study by real estate data firm Black Knight, a figure boosted by surging home prices and a trend … Continue reading →

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