Category Archives: Politics

No More Inflation?

Posted on June 13, 2024 by Popular Economics Weekly

Popular Economics Weekly It will probably be hard to believe for those scarred by the post-pandemic inflation scare that inflation isn’t declining, but there was no inflation increase in May for both wholesale (PPI) and retail (CPI) inflation indexes. Yes, … Continue reading →

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Greater Lawlessness Causes Great Recessions

Posted on June 11, 2024 by Popular Economics Weekly

Financial FAQs I began writing about Republicans’ disregard for laws in 2012 after the Great Recession of 2007-09, in which as many as 8 million jobs were lost. But not the Republican Party’s lawlessness, though it has always been the … Continue reading →

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Where’s the Recession–Part II?

Posted on June 7, 2024 by Popular Economics Weekly

Financial FAQs The unemployment report for May had little weakness, further evidence that the recent Harris poll results—in which 55 percent of those surveyed believed the US is in a recession—doesn’t reflect reality. In fact, total nonfarm payroll employment increased … Continue reading →

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The Republican Party’s Growing Lawlessness

Posted on May 31, 2024 by Popular Economics Weekly

Popular Economics Weekly Many Republicans continue to maintain the innocence of former President Donald Trump after his conviction on 34 counts of tax fraud by a New York jury. It confirms what I have written about over more than a … Continue reading →

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Where’s the Recession?

Posted on May 29, 2024 by Popular Economics Weekly

Financial FAQs The most recent Harris-Guardian poll found 56 percent of those surveyed thought the US was in a recession. And 49 percent believed unemployment was at a 50-year high. How is that possible when the economic facts are exactly … Continue reading →

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What Should Fed Do–Part II?

Posted on May 3, 2024 by Popular Economics Weekly

Popular Economics Weekly Friday’s ‘official’ April US unemployment report was even more surprising than Fed Chairman Powell’s dovish remarks after the Fed’s May FOMC meeting, as if Powell might have known that April’s unemployment report would be weaker. It was, … Continue reading →

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What Should the Fed Do?

Posted on May 2, 2024 by Popular Economics Weekly

Popular Economics Weekly The big surprise at Federal Reserve Chairman Powell’s last press conference was despite strong job numbers and inflation still above the Fed’s 2 percent target rate, the Fed governors are acting more dovish. Why? They don’t want … Continue reading →

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Elevated Rates Endangering Economy

Posted on April 18, 2024 by Popular Economics Weekly

Financial FAQs Early predictions show first quarter economic growth picking up, but a little-known indicator of future growth, the Conference Board’s Index of Leading Economic Indicators (LEI) in March highlighted the danger that high interest rates hold for future growth. … Continue reading →

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Inflation Still Declining

Posted on April 11, 2024 by Popular Economics Weekly

Popular Economics Weekly The inflation rate for wholesale goods and services (PPI) is still declining, which will hearten the inflation doves after yesterday’s Consumer Price Index (CPI) seems to be stuck in a 3 percent range. So, the Fed has … Continue reading →

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Return of the Bully Mentality

Posted on April 10, 2024 by Popular Economics Weekly

The Mortgage Corner The NYTimes Bret Stephens lamented the “bullying mentality” at the heart of the pro-Hamas movement in a recent Op-ed that lamented their attempts to shut down pro-Israeli speakers. Hamas is a movement that wants to completely eliminate … Continue reading →

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