Category Archives: Politics

The Candidates Economic Promises Versus Pronouncements

Financial FAQs Who should we believe of the leading candidates remaining in the Presidential primaries that last through June? Bernie says he will tax the wealthiest enough to pay for his programs, such as free public college tuition and universal … Continue reading

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Why Are Mortgage Rates At Historical Lows?

The Mortgage Corner Mortgage rates continued to tumble over the past week as investors fled to the safety of government bonds, pushing Treasury yields down, mortgage provider Freddie Mac said Thursday. This is no surprise given the geopolitical uncertainties buffeting … Continue reading

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Why Slower Fourth Quarter Growth?

Popular Economics Weekly Gross domestic product — the value of everything a nation produces — expanded at a 0.7 percent annual rate from October to December. That’s a big markdown from 2 percent growth in the fall and 3.9 percent … Continue reading

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Davos Conference Highlights Why There’s Slower Growth

Financial FAQs It’s time for the World Economic Forum, and this year more than 40 heads of state and 2,500 other participants are unlikely to run short of topics to discuss. “Meeting against a backdrop of market jitters, heightened geopolitical … Continue reading

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Candidate Bernie Is Candidate Obama

Popular Economics Weekly What I learned from last Sunday’s Charleston, South Carolina Democratic debate, the last debate before the Iowa and New Hampshire primaries, is that Bernie Sanders the idealist, is almost a reincarnation of candidate Barack Obama in 2008 … Continue reading

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Why Has It Taken So Long?

Financial FAQs The latest Federal Reserve press releases—firstly, the minutes of last FOMC meeting, and also its reduced projections of expected inflation—tell us the Fed is still in austerity mode due to a fear of non-existent inflation. And it is … Continue reading

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Housing Creating More Jobs In 2016

The Mortgage Corner We see housing in 2016 continuing to grow the economy. This is mainly because new-home construction should surpass 1 million units again this year, and it is new-home construction (and sales), rather than existing-home sales that adds … Continue reading

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Still Not Enough Jobs!

Popular Economics Weekly The economy produced 292,000 jobs in the final month of 2015, the Labor Department said Friday. Pundits had predicted a 200,000 plus increase in nonfarm jobs. And because job creation exceeded their predictions, those pundits and some … Continue reading

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Why Does Bernie Love Denmark?

Popular Economics Weekly Presidential candidate Bernie Sanders is breathing fire on the campaign trail these days, including his most recent campaign speech that advocated the breakup of too-big-to fail banks. “We will no longer tolerate an economy and a political … Continue reading

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Our Too Deflationary Times!

Popular Economics Weekly The answer to the inflation conundrum may be at hand, the conundrum that has kept the Fed pushing down interest rates since the Great Recession and recovery. Why aren’t prices rising with all the QE stimulus programs … Continue reading

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