Category Archives: Economy

ANSWERING the KENNEDYS CALL

Posted on July 12, 2018 by Popular Economics Weekly

We are announcing a new blog series—ANSWERING THE KENNEDYS CALL. It will report on what is being done today to address the problems that deal with record income inequality, immigration and civil rights, environment protection, and the rebuilding of local … Continue reading →

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Consumers ‘Another Day Older and Deeper in Debt…”

Posted on July 11, 2018 by Popular Economics Weekly

Popular Economics Weekly “Ya load sixteen tons, whaddya get, another day older and deeper in debt…”, the famous folksong sung by Burl Ives and Tennessee Ernie Ford describes today’s consumers who are still spending huge amounts of borrowed money at … Continue reading →

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Trumpcare is Killing US!

Posted on July 9, 2018 by Popular Economics Weekly

Financial FAQs It took 4 hours to coax Patricia Okoumou, a Congolese immigrant, down from the Statue of Liberty while wearing a t-shirt that said, “Trumpcare Makes Us Sick.” It was serendipitous timing. She was part of a group wanting … Continue reading →

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June Employment Robust—For How Long?

Posted on July 6, 2018 by Popular Economics Weekly

The Mortgage Corner More workers are being hired in manufacturing and professional services in June’s unemployment report. But this is before the trade war now taking hold with at least 5 allies and trading partners. Washington’s 25 percent duties on … Continue reading →

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What are Corporations Doing With Their Tax Cut?

Posted on July 3, 2018 by Popular Economics Weekly

Popular Economics Weekly Economists are predicting second quarter GDP growth of as much as 3.8 percent, up from 2.2 percent in Q1 2018. But it may be a one-time surge, as all indications are the massive 2017corporate tax cut that … Continue reading →

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Low Mortgage Rates Boost Sales–Even with Limited Supply

Posted on June 29, 2018 by Popular Economics Weekly

The Mortgage Corner Graph: FRED How is it possible the 30-year fixed conforming rate has fallen again to 4.0 percent for 1 origination point in California, yet has never been below 5 percent before the Great Recession, when mortgage fixed … Continue reading →

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Trade Wars Kill Future Growth—Part II

Posted on June 26, 2018 by Popular Economics Weekly

Popular Economics Weekly The sad reality is that in initiating trade wars with allies and opponents alike, President Trump could be bringing on the next Great Recession. Because breaking up trade alliances with our allies means less leverage in any … Continue reading →

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Trade Wars Kill Future Growth—Part II

Posted on June 26, 2018 by Popular Economics Weekly

Popular Economics Weekly The sad reality is that in initiating trade wars with allies and opponents alike, President Trump could be bringing on the next Great Recession. Because breaking up trade alliances with our allies means less leverage in any … Continue reading →

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Trade Wars Not Good For Future Growth Either

Posted on June 22, 2018 by Popular Economics Weekly

Popular Economics Weekly The Conference Board Leading Economic Index® (LEI)for the U.S. increased 0.2 percent in May to 109.5 (2016 = 100), following a 0.4 percent increase in April, and a 0.4 percent increase in March. This monthly announcement of … Continue reading →

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The Price of Incompetence in Foreign Policy and Trade

Posted on June 13, 2018 by Popular Economics Weekly

Popular Economics Weekly The Trump administration’s foreign policy is becoming obvious after the Singapore Summit with North Korea—Make Russia, N Korea, China (and almost every other authoritarian government in the world) Great Again at the expense of America and its … Continue reading →

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