Category Archives: Politics

Higher Growth Ahead!

Financial FAQs Why have stocks and bonds been gyrating so much this year? It’s partly because a confused Federal Reserve doubts inflation is approaching their 2 percent target, and so won’t signal when they might begin to reduce their sky … Continue reading →

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It’s the Pandemic Stupid!

Popular Economics Weekly Economists are beginning to say enough is enough. The Fed might continue to pause from another rate hike in their November FOMC meeting because the latest inflation data show a continued decline, but not in December. “Although … Continue reading →

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Consumer Services Show Growth Rebound

Popular Economics Weekly TradingEconomics Why are the likes of Goldman Sachs chief economist Jan Hatzius predicting no looming recession and better economic growth ahead? It’s partly because of Bidenomics, the boost to growth that the infusion of $billions into renewal … Continue reading →

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A Guest Opportunity For Podcasters

Answering Kennedy’s Call About Harlan Green § Harlan Russell Green is 2023 Winner of the Peace Corps Writers’ Publisher’s Award Jul 31, 2023 § Harlan Russell Green (Turkey 1964–66) 2023 Publisher’s Award Building Community: Answering Kennedy’s Call, Harlan Green’s memoir … Continue reading →

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Q3 Economic Growth to Double?

Popular Economics Weekly AtlantaFedGDPNow We could have even higher third quarter economic growth, believe it or not, from the second quarter 2.4 percent (advance) growth estimate by the US Bureau of Economic Analysis. The Atlanta Federal Reserve’s GDPNow model estimates … Continue reading →

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A Lot of Job Openings!

Financial FAQs Calculated Risk Blog It’s hard to reconcile the recent downgrade of US Treasury debt by Fitch Ratings, one of the three major debt rating agencies, to AA+ from AAA, with the US economy still at full employment. “The … Continue reading →

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Big Rise in Q1 Economic Growth

Popular Economics Weekly BEA.gov Economic growth in Q1 2023 was much better than pundits and economists predicted. GDP growth rose from its second estimate of 1.3 percent to 2.0 percent growth in the first quarter, largely because consumers spent more. … Continue reading →

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American Consumers Happier

Financial FAQs American consumers can live with higher inflation, according to the Conference Board’s latest confidence survey, but can the Fed? Its survey of U.S. consumer confidence jumped to a 17-month high of 109.7 in June, reflecting a slowdown in … Continue reading →

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Wrong Lessons Learned From 1970s

Financial FAQs Much talk has been made of what the Chairman Powell and US Fed officials say they learned from the inflation spiral of the 1970s. Keep employees’ wages from rising too fast, since they are that part of the … Continue reading →

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Q2 GDP Growth Higher?

Financial FAQs AtlantaFederalReserve The Atlanta Fed’s GDPnow graph perfectly illustrates how uncertain are predictions for second quarter economic growth. They go literally from negative growth to 2 percent plus! Why? Because though manufacturing sector growth has been negative for seven months, … Continue reading →

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