Category Archives: Politics

No “Art of the Deal” in 100 Days

Posted on April 26, 2017 by Popular Economics Weekly

Popular Economics Weekly It’s 100 days into the Trump Presidency and looking more and more like President Trump is no more effective at running the country than his business interests. His book, The Art of the Deal was meant to … Continue reading →

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Low Inflation Boosts Housing Sales

Posted on April 21, 2017 by Popular Economics Weekly

Financial FAQs Existing-home sales are now accelerating to new expansion highs, says the NAR. Sales rose a very sharp 4.4 percent to a higher-than-expected annualized rate of 5.710 million. This is the best rate since February 2007. Both components show … Continue reading →

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Return To Low Interest Rates Boosts Housing

Posted on April 20, 2017 by Popular Economics Weekly

The Mortgage Corner The conforming 30-year fixed rate mortgage is now 3.50 percent and the so-called Hi-Balance conforming 30-year fixed rate is 3.75 percent these days for a 1 percent origination fee. And this is what has kept the demand … Continue reading →

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Which Trump Economic Proposals Should Fail?

Posted on April 18, 2017 by Popular Economics Weekly

Popular Economics Weekly It doesn’t look good for two Trump and Republican campaign promises currently working their way through Congress: i.e., to repeal and replace Obamacare, and reform the tax code. They should really be working on what is possible; … Continue reading →

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Is Happiness That Important to Americans?

Posted on April 14, 2017 by Popular Economics Weekly

Popular Economics Weekly What a strange question to ask Americans! We are the wealthiest country in the world, right? But a recent survey claims to show that wealth accumulation is not the first priority for most of the world. In … Continue reading →

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Why the Weak March Employment Report?

Posted on April 8, 2017 by Popular Economics Weekly

The Mortgage Corner The good news is the unemployment rate fell to 4.5 percent, and number of unemployed persons (i.e., available for work) declined by 326,000 to 7.2 million. Both measures were improved numbers over the year. But just 98,000 … Continue reading →

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Consumers Too Optimistic?….Then Watch Out Below!

Posted on April 4, 2017 by Popular Economics Weekly

Popular Economics Weekly Consumer confidence has risen to what might be unsustainable levels—the highest in 16 years. That was in 2000, which was at the end of a 10-year economic recovery, the longest recovery since WWII. The Conference Board’s index … Continue reading →

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A Greater Lawlessness—On Tyranny

Posted on April 3, 2017 by Popular Economics Weekly

Financial FAQs Have we elected a tyrant as President? It’s hard to believe the clownish behavior and blatant lies of President Donald Trump could make him a tyrant, but author and history Professor Timothy Snyder says he has all the … Continue reading →

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A Greater Lawlessness—Part II, The Trump Presidency

Posted on March 29, 2017 by Popular Economics Weekly

Popular Economics Weekly Rachel Maddow on last night’s MSNBC show provided evidence that the Trump White House has been lying from day-one of the Trump Presidency. The White House had denied it asked that tanks and other armaments be included … Continue reading →

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Consumer Confidence Highest In 16 Years

Posted on March 28, 2017 by Popular Economics Weekly

Financial FAQs The Conference Board’s Consumer Confidence Index soared to its highest level in 16 years. Its Consumer Confidence Index®, which had already increased in February, improved again in March. The Index now stands at 125.6 (1985=100), up from 116.1 … Continue reading →

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