Category Archives: Macro Economics

Unemployment Report Misleading

Financial FAQs Today’s lower than predicted payroll creation of 173,000 jobs doesn’t change my prediction of higher jobs growth ahead. My prediction yesterday was for 250,000 payroll jobs in August, but downward seasonal adjustments reduced payrolls by -800,000. In other … Continue reading

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Higher Productivity, Jobs, Could Mean 3.5 percent GDP

Popular Economics Weekly It looks like we are returning to the goldilocks economy that prevailed for much of last year—low inflation and interest rates plus continued good job growth. But it also could mean better economic growth that has stayed … Continue reading

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Who’s To Blame For the Great Recession?

Popular Economics Weekly Why has economic growth been so slow since the Great Recession? This is the question haunting many economists these days. Second quarter 2015 real GDP growth (after inflation) was just 2.3 percent six years after its end. … Continue reading

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Three % Plus YoY Economic Growth Is Here

Popular Economics Weekly We are finally back to 3 percent plus GDP growth on an annual basis. And it is largely fueled by consumer spending that has been increasing as more jobs are created. Retail and Food service sales ex-gasoline … Continue reading

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What Would Save the Euro?

Popular Economics Weekly Now that Greece has voted NO on the latest European Commission-European Central Bank-IMF proposal (the so-called troika), will Greece stay in the Eurozone? If so, Greece may save the euro. Why is this choice even necessary when … Continue reading

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Why Lower Growth, Higher Corporate Profits?

Popular Economics Weekly First-quarter economic growth wasn’t as bad as expected, yet corporate profits were much better than expected. So what are corporations doing with their profits, rather than investing in future growth? The second revision to first-quarter GDP came … Continue reading

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Higher Retail Sales + Consumer Confidence = Growth

Popular Economics Weekly The consumer showed a lot of life in May, driving up retail sales 1.2 percent with gains sweeping nearly all components. A leading component in the month was motor vehicle sales which jumped 2.0 percent, excluding which … Continue reading

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Dr. Robert Shiller–Why the Weak Recovery?

Popular Economics Weekly Nobelist Robert Shiller, winner of the Nobel for his research in Behavioral Economics, or the psychology that drives economic behavior, has come up with the latest reason this economic recovery has been so weak to date. GDP … Continue reading

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Germany’s Failed Austerity Policies

Financial FAQs One would think by now the debate has been resolved on which economic model created the better recovery for this Great Recession or Lessor Depression, as P Krugman has called it. But no, Germany’s Finance Minister Wolfgang Schauble … Continue reading

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A Lousy Jobs Report?

Popular Economics Weekly At first glance it looks like a lousy jobs report. It’s true the labor market has softened in several aspects. Payroll jobs increased just 126,000 in March after increases of 264,000 in February and 201,000 in January. … Continue reading

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