Category Archives: Politics

Too Much Irrational Exuberance?

Posted on March 23, 2024 by Popular Economics Weekly

Popular Economics Weekly Are Wall Street investors irrationality exuberant? Former Bond King and CEO of the PIMCO bond fund Bill Gross thinks so. Irrational exuberance is a term coined by former Fed Chairman Alan Greenspan in 1996 to describe the … Continue reading →

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Consumers Want More Stability

Posted on March 20, 2024 by Popular Economics Weekly

The Mortgage Corner More consumers, and most Americans, are deciding they want calm after the instability of the Pandemic era. They are craving fewer economic disruptions for starters, such as the partisan wars that have stymied budget negotiations. “Nearly three-quarters … Continue reading →

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Higher Growth Ahead?

Posted on February 28, 2024 by Popular Economics Weekly

Financial FAQs The US economy hasn’t slowed. Fourth quarter Gross Domestic Product (GDP) growth was down slightly from 3.3 percent to 3.2 percent in the second estimate, but predictions for first quarter 2024 growth have increased. BEAgdp “The increase in … Continue reading →

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Global Connections TV Interview

Posted on February 23, 2024 by Popular Economics Weekly

Answering Kennedy’s Call Here is Global Connections Television interview about Building Community: Answering Kennedy’s Call, a memoir of my years of public service. Global Connections Television (GCTV), the only talk show of its type in the world, has featured a myriad of … Continue reading →

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Why the Inflation Debate?

Posted on February 14, 2024 by Popular Economics Weekly

The Mortgage Corner This month’s Consumer Price index looked hotter at first glance, but it wasn’t. It was slightly cooler, so there was no real reason for yesterday’s 500 pt. plunge in the DOW. That’s where the debate is raging … Continue reading →

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Much Less Pessimism

Posted on January 23, 2024 by Popular Economics Weekly

Financial FAQs Is the Irrational Pessimism I’ve been writing about finally turning into a more rational optimism that reflects how consumers see the current economy? The two major measures of consumer confidence—the Conference Board’s Confidence Index and University of Michigan’s … Continue reading →

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Why the Irrational Pessimism–Part II

Posted on January 16, 2024 by Popular Economics Weekly

Financial FAQs I said a week ago that 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 … Continue reading →

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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 →

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More Jobs Than Ever!

Posted on December 8, 2023 by Popular Economics Weekly

Popular Economics Weekly This is what is called a ‘soft landing’. More jobs are being created in November’s unemployment report, though some 50,000 of the 199,000 new nonfarm payroll jobs are strikers returning to work in Hollywood productions and auto … Continue reading →

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Building Community at Home–Part II

Posted on November 25, 2023 by Popular Economics Weekly

Answering Kennedy’s Call (Cont’d Building Community at Home) Old Town, with its own past, could give Goleta Valley residents a sense of their own history and separate community identity. It even had a Community Center that hosted many community activities. … Continue reading →

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