Category Archives: housing market

Why the Irrational Pessimism?

Posted on January 2, 2024 by Popular Economics Weekly

Financial FAQs Public polls seem to be saying one thing, economic facts another. Real Clear Politics compendium of 11 opinion polls on whether participants approve or disapprove of President Biden’s handling of the economy show a negative -22.5 percent spread. … Continue reading →

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Consumers Much Happier This Season

Posted on December 20, 2023 by Popular Economics Weekly

Financial FAQs Consumer confidence in December as measured by the Conference Board’s Consumer Confidence Index is rising again; it jumped 10 points to 110.7 from 101. Why should that be, with all the doom and gloom and geopolitical uncertainty bombarding … Continue reading →

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How Low Can Interest Rates Go?

Posted on December 18, 2023 by Popular Economics Weekly

The Mortgage Corner Stocks and bonds are rallying after Chairman Powell sounded dovish for the first time at his December press conference following their last FOMC meeting of the year. “The question of when it will be appropriate to begin … Continue reading →

Posted in Consumers, COVID-19, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , | 1 Comment

Please Drop Interest Rates Sooner!

Posted on December 12, 2023 by Popular Economics Weekly

Financial FAQs If I were the Fed Governors, I wouldn’t wait for inflation to drop further to begin lowering interest rates. The inflation rate has been falling steadily for more than a year and we might be in the midst of a … Continue reading →

Posted in Consumers, COVID-19, Economy, Housing, housing market, Politics, Weekly Financial News | Tagged , , , , , , | 1 Comment

Housing Starts Up, Recession Worries Over?

Posted on November 21, 2023 by Popular Economics Weekly

Financial FAQs The best indicator of a looming recession is to watch how consumers behave. And this will be a record year for travel on the ground and in the air. So, would consumers continue travelling if they saw financial … Continue reading →

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Where’s the Inflation–Part II?

Posted on November 15, 2023 by Popular Economics Weekly

Popular Economics Weekly We can also look at the behavior of wholesale prices to see if inflation has been conquered. The Producer Price Index has been at or below the Fed’s target 2 percent since May 2023. It’s the cost … Continue reading →

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Where’s the Inflation?

Posted on November 14, 2023 by Popular Economics Weekly

Financial FAQs What if there’s too little inflation? That’s actually the definition of a recession. It seems unlikely at the moment and inflation is still a major upset for consumers. But it could happen if the Fed doesn’t ease up on … Continue reading →

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Where’s the Recession?

Posted on October 26, 2023 by Popular Economics Weekly

Popular Economics Weekly Is waiting for the next recession becoming a useless guessing game? Maybe even the event itself has less meaning these days when conditions can change so quickly. We have declining existing home sales yet surging new-home sales … Continue reading →

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Housing Must Be Saved

Posted on October 23, 2023 by Popular Economics Weekly

The Mortgage Corner Realtors are loudly crying that holding interest rates at the current high level for a prolonged period is destroying the housing market., I said recently. Existing-home sales are now at the lowest level since the Great Recession, … Continue reading →

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Too Little Growth a Danger

Posted on October 19, 2023 by Popular Economics Weekly

Popular Economics Weekly Rather than worry about too much inflation still in the pipeline, we should worry about too little economic growth going forward, if we take Chairman Powell at his word in his latest speech at a recent economic … Continue reading →

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