Category Archives: Uncategorized

T Piketty and Capital Beyond the 21st Century

Popular Economics Weekly Thomas Piketty’s Capital in the 21st Century is about more than proving that excessive income and wealth inequality has been the norm over centuries by so-called free market capitalism, or its social democratic versions in Europe. It’s … Continue reading

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Housing Construction Continues Increase

The Mortgage Corner Residential investment and housing starts are usually the best leading indicator for economy, and they show continued growth.  This isn’t the only leading indicator, but it suggests the economy will continue to grow over the next couple … Continue reading

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Will 2014 Be a Janet Yellen Rally?

Popular Economics Weekly Consumer spending and future economic growth will depend on just how hard New Fed Governor Janet Yellen pushes the Federal Reserve Governors to maintain QE3 in 2014. She is a UC Berkeley economist interested more in creating … Continue reading

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Deflation is the Danger

Financial FAQs The Federal Reserve is about to announce their decision on when to begin tapering their purchases of securities at next Tuesday’s FOMC meeting. Among other issues is whether there is any danger of future inflation from continuing the $85 … Continue reading

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Whither Mortgage Rates?

The Mortgage Corner Ok, the fats in the fire now with the Fed saying it will begin to taper its QE3 purchases that have been holding down mortgage rates by the end of 2013. Rates have been surging since then. … Continue reading

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Housing Prices Rise as Foreclosure Rates Fall

The Mortgage Corner Home prices are continuing to rise, in part because foreclosure rates continue to fall. Fannie Mae reported that the Single-Family Serious Delinquency rate declined in April to 2.93 percent from 3.02 percent in March. The serious delinquency … Continue reading

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Housing Is Definitely Recovering

The Mortgage Corner In spite of warnings from such as Robert Shiller of Irrational Exuberance fame that housing values could remain stagnant over the next ten years, housing prices are making a comeback, which is boosting economic growth. Some of … Continue reading

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Gun Violence Has Too Many Causes

Popular Economics Weekly The tragic Newtown, Connecticut elementary school mass shooting is just the latest in a string of mass shootings that have contributed to more than 1 million dead by guns over the past decade in the U.S.—an average … Continue reading

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August Jobs Report—Manufacturing Slowdown

Popular Economics Weekly The headlines said a “weak” job report on Friday. But it had nothing to do with politics or economic policy, at least directly. The jobs drop was all in manufacturing due to problems in Europe and China. … Continue reading

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Gun Violence Has Too Many Causes

Popular Economics Weekly The shooting in Aurora’s Central Theatres is not something “impossible to understand” as was said by Denver’s Mayor just after the massacre, if we look at the culture of violence that has made U.S. the most violent … Continue reading

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