Category Archives: Politics

Low Mortgage Rates Boost Sales–Even with Limited Supply

Posted on June 29, 2018 by Popular Economics Weekly

The Mortgage Corner Graph: FRED How is it possible the 30-year fixed conforming rate has fallen again to 4.0 percent for 1 origination point in California, yet has never been below 5 percent before the Great Recession, when mortgage fixed … Continue reading →

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Trade Wars Kill Future Growth—Part II

Posted on June 26, 2018 by Popular Economics Weekly

Popular Economics Weekly The sad reality is that in initiating trade wars with allies and opponents alike, President Trump could be bringing on the next Great Recession. Because breaking up trade alliances with our allies means less leverage in any … Continue reading →

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Trade Wars Kill Future Growth—Part II

Posted on June 26, 2018 by Popular Economics Weekly

Popular Economics Weekly The sad reality is that in initiating trade wars with allies and opponents alike, President Trump could be bringing on the next Great Recession. Because breaking up trade alliances with our allies means less leverage in any … Continue reading →

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Housing Construction Booming For How Long With a Trade War?

Posted on June 19, 2018 by Popular Economics Weekly

The Mortgage Corner How is it possible the 10-year Treasury yield has fallen back to 2.88 percent, and the 30-year fixed conforming rate is again 4.0 percent for 1 origination point in California? It’s all because the Trump trade wars … Continue reading →

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The Price of Incompetence in Foreign Policy and Trade

Posted on June 13, 2018 by Popular Economics Weekly

Popular Economics Weekly The Trump administration’s foreign policy is becoming obvious after the Singapore Summit with North Korea—Make Russia, N Korea, China (and almost every other authoritarian government in the world) Great Again at the expense of America and its … Continue reading →

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Record Income Inequality + Trade War = Another Recession?

Posted on June 11, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: BigTrends.com The Smoot-Hawley Tariff Act, so called, was imposed in 1930 when the Hoover administration raised tariffs on 20,000 foreign, mostly agricultural, imports in an attempt to protect American farmers as we were entering the Great … Continue reading →

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JOLTS Report Suggests Workers Holding Out for Higher Pay

Posted on June 8, 2018 by Popular Economics Weekly

Financial FAQs Graph: Econoday “For the first time in nearly 20 years of existing records, the number of job openings, at 6.698 million in April, is exceeding the number of unemployed actively looking for work, at 6.346 million in April … Continue reading →

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Strong May Employment, But Future Uncertain

Posted on June 1, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: Marketwatch The unemployment rate edged down to 3.8 percent in May, and the number of unemployed persons declined to 6.1 million, reported the Bureau of Labor Statistics this morning. Over the year, the unemployment rate was … Continue reading →

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What Happened to Robin Hood?

Posted on May 28, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: Mother Jones The Brits in particular must be wondering what happened to Robin Hood, the legendary champion of the poor, who robbed the rich to give to the poor during medieval times when nobles ruled their … Continue reading →

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The Price of Incompetence

Posted on May 28, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: Tax Policy Center Bullying doesn’t win negotiations, or much else for that matter. Now we have President Trump’s on-again, off-again summit meeting with North Korea after attempting to bully the N. Koreans into giving up their … Continue reading →

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