Category Archives: Politics

Personal Incomes, Manufacturing Remain Strong

Posted on November 2, 2016 by Popular Economics Weekly

Popular Economics Weekly Personal income rose a solid but slightly lower-than-expected 0.3 percent in September, reports the Commerce Department’s Bureau of Economic Analysis (BEA). The wages & salaries component rose 0.3 percent, another sign of rising incomes. That’s why consumer … Continue reading →

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Hillary Clinton, the New FDR?

Posted on October 24, 2016 by Popular Economics Weekly

Popular Economics Weekly Even President Obama, among others, has said Hillary Clinton is one of the most qualified presidential candidates ever. And she has been advocating a new New Deal for America, including tuition-free public universities and colleges, paid maternity … Continue reading →

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A Recovery In Retail Sales?

Posted on October 18, 2016 by Popular Economics Weekly

Financial FAQs September retail sales rose: total up 0.6 percent, ex-auto up 0.5 percent, ex-auto ex-gas up 0.3 percent, which indicates a good holiday season for retail. But this is bucking the downward trend that has sales sinking to the … Continue reading →

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Will Low Interest Rates Continue?

Posted on October 13, 2016 by Popular Economics Weekly

The Mortgage Corner This question is behind much of the stock and bond market gyrations. We are near full employment with a 5.0 percent unemployment rate, some 11 million jobs created since the end of the Great Recession, yet we … Continue reading →

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Jobs Report—Not Yet Full Employment

Posted on October 10, 2016 by Popular Economics Weekly

Popular Economics Weekly The unemployment rate rose slightly to 5 percent for the first time since April, the government said Friday, though that was mainly because 444,000 people entered the labor force. There are still too many unemployed, in other … Continue reading →

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Trump the Terrible Demagogue

Posted on October 8, 2016 by Popular Economics Weekly

Popular Economics Weekly Many Republicans as well as Democrats are horrified at the possibility of a Trump Presidency. It’s not only because of his blatant racism, which he makes no attempt to hide. Or his complete ignorance of foreign policy. … Continue reading →

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Motor Vehicle Sales Boost Retail, Manufacturing

Posted on October 7, 2016 by Popular Economics Weekly

Financial FAQs One of the first hard indications on the September economy is strongly positive as overall unit vehicle sales surged 4.7 percent to a 17.7 million annualized rate. This will boost the vehicle component of the September retail sales … Continue reading →

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Why Brexit?

Posted on September 29, 2016 by Popular Economics Weekly

Financial FAQs Brexit, the British vote to exit the European Union, was precipitated by many factors, including Brit’s fear of loss of sovereignty due to the Schengen requirement that it open its borders to citizens of other EU countries.  And … Continue reading →

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Poverty Level Down, As Household Incomes Surge

Posted on September 16, 2016 by Popular Economics Weekly

Popular Economics Weekly Fewer Americans lived in poverty in 2015 and median incomes charted their first increase since the Great Recession, according to data released Tuesday by the Census Department. The official poverty rate fell 1.2 percentage points between 2014 … Continue reading →

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Why Isn’t It Easier to Qualify For A Mortgage?

Posted on September 12, 2016 by Popular Economics Weekly

The Mortgage Corner It’s not getting any easier to obtain a mortgage. This is in spite of record low mortgage rates, as low as 3.0 percent for 30-year conforming fixed rates; as well as the appearance of so-called Alt-A, non-QM … Continue reading →

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