Category Archives: Politics

Trade Wars Hurt U.S. the Most!

Popular Economics Weekly Econoday.com Is the trade war hurting U.S. jobs? Yes, says Mauldin Economics’ Patrick Watson, among others. Watson uses US automakers as an example. Ford and GM estimate that the 25 percent steel and 10 percent aluminum tariffs … Continue reading

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Credit Alert—Interest Rates about to Invert

The Mortgage Corner MarketWatch.com The spread between the 2-year note and the 10-year narrowed 4 basis points to 0.16 percentage point on Monday, its flattest levels since July 2007, according to MarketWatch. The 10-year Treasury yield dropped back below 3 … Continue reading

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Climate Becoming Too Hot to Ignore

Answering the Kennedys Call to Action http://www.economist.com The impacts of climate change are already being felt in communities across the country. More frequent and intense extreme weather and climate-related events, as well as changes in average climate conditions, are expected … Continue reading

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Beware the Shrinking US Dollar!

Popular Economics Weekly Econoday.com Barron’s Magazine reported that the Fed is shrinking credit too quickly, and it will slow not only U.S. economic growth, but growth in the rest of the world as well. Why? Because the U.S. Dollar is … Continue reading

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The Budget Buster-In-Chief Wants to Scare US

The Mortgage Corner Federal Budget The Treasury is on track to issue $1.34 trillion in new debt this year, more than double the amount in 2017. The Trump tax cuts and higher government spending are leading to higher borrowing needs, … Continue reading

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Mr. President, Please Don’t Shoot Anyone!

Financial FAQs Mother Jones/Wikipedia Where is President Obama and other national leaders when we need them? Where is someone to refute the neo-Nazi lies of President Donald Trump, who no longer has to brag that he can shoot someone on … Continue reading

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No Need to Fear Inflation, Or Higher Interest Rates

Popular Economic Weekly Calculated Risk The benchmark 10-year Treasury Bond Yield fell back to 3.11 percent today with the stock market selloff, down from as high as 3.22 percent last week. And Gross Domestic Product rose 3.5 percent in Q3’s … Continue reading

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Government Is the Solution Part II—Housing For the Homeless

Popular Economic Weekly thelundreport.org I said in an earlier column “that part of the solution to the housing and homeless crisis has to be the responsibility of governments.” A recent Project Syndicate article by UC Berkeley economist Laura Tyson, and … Continue reading

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Government Is the Solution, Not the Problem

ANSWERING THE KENNEDYS CALL Graph: NOAA.gov “With clear benefits to people and natural ecosystems, limiting global warming to 1.5ºC compared to 2ºC could go hand in hand with ensuring a more sustainable and equitable society, the Intergovernmental Panel on Climate … Continue reading

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What Is ‘New Normal’ U.S. Growth?

Popular Economics Weekly Graph: Seeking Alpha/BLS There is a current debate whether the U.S. will escape the ‘new normal’ of slower economic growth since the Great Recession, when American households lost a collective $9 trillion in value and consumers cut … Continue reading

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