Category Archives: Politics

Housing Shortage Continues

The Mortgage Corner It was very good news that new-home sales rose nearly 3 percent in May to a 610,000 annualized rate. The report, always volatile, included a big upward revision to April which however, at 593,000, is still the … Continue reading →

Posted in Housing, housing market, Politics, Weekly Financial News | Tagged , , , , , , , | Leave a comment

Why Home Sales Rising Fast, Construction Lagging?

The Mortgage Corner We are once again in a housing conundrum. May Existing-home sales just surged 1.1 percent to 5.62 million units, after falling for several months. And housing starts fell for the third straight month an unexpected 5.5 percent … Continue reading →

Posted in Consumers, Housing, housing market, Politics, Weekly Financial News | Tagged , , , , , , , | Leave a comment

Why Did Fed Raise Rates Again?

Popular Economics Weekly U.S. growth cycles have averaged about 8 years since WWII, yet the Federal Reserve just announced they were raising their overnight rate for the third time—to 1.25 percent. It also forecast that the unemployment rate could fall … Continue reading →

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

Why Did Fed Raise Rates Again?

Popular Economics Weekly U.S. growth cycles have averaged about 8 years since WWII, yet the Federal Reserve just announced they were raising their overnight rate for the third time—to 1.25 percent. It also forecast that the unemployment rate could fall … Continue reading →

Posted in Economy, Politics, Weekly Financial News | Tagged , , , , , , , | Leave a comment

What, Too Many Job Openings?

Financial FAQs We are now seeing real evidence of the need for more working adults, if the US economy is to continue to grow. The Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS report, said April job openings … Continue reading →

Posted in Economy, Politics, Uncategorized, Weekly Financial News | Tagged , , , | Leave a comment

Republicans About to Make ‘America Last’

Popular Economics Weekly President Trump’s withdrawal from the Paris Accord on climate change is symbolic in more ways than one. In his call to make America first again, he could set us back decades in bringing cleaner air and reducing … Continue reading →

Posted in Economy, Politics, Uncategorized | Tagged , , , , , | Leave a comment

We Have Reached Full Employment!

Financial fAQs The U.S. added a modest 138,000 new jobs in May and hiring earlier in the spring was weaker than initially reported, adding to evidence that the tightest labor market in years is making it harder for companies to … Continue reading →

Posted in Consumers, Economy, Housing, Politics, Weekly Financial News | Tagged , , , , , | Leave a comment

This is A Goldilocks Economy!

Financial fAQs Economists have debated just what ideal economic growth should be, but the Federal Reserve does it for us. The Fed defines ideal growth as when we are at full employment with moderate inflation, inflation that says an economy … Continue reading →

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , , , , | Leave a comment

Has dismantling of American health care system begun?

Financial fAQs We now know that the revised Republican repeal of Obamacare is really intended to dismantle and perhaps destroy any federally-funded health care program, which would return health care coverage to either cash-starved states or private industry; to the … Continue reading →

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , , , | Leave a comment

What Creates Higher Growth?

Popular Economics Weekly Amidst all the talk of Republicans promise to cut regulations and taxes to boost growth, there is one problem. Where are the workers that would boost growth? We are already close to full employment, and in fact … Continue reading →

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , | Leave a comment