Category Archives: Uncategorized

Wartime Will JOLT Job Formation

Financial FAQs Calculated Risk The last time we had truly full employment in America was during World War Two. It’s a horrible thought, I know, but we ought to look at the ramifications of Putin’s invasion of Ukraine. The world … Continue reading

Posted in Consumers, COVID-19, Economy, Politics, Uncategorized, Weekly Financial News | Leave a comment

Home Prices Keep Rising

The Mortgage Corner Calculated Risk I said last month the housing market was cooling with the fall weather, but maybe not yet. Because housing prices are still rising in double digits, although they may be leveling off. The S&P CoreLogic … Continue reading

Posted in Uncategorized | Tagged , | Leave a comment

No Real Slowdown in US Recovery

Popular Economics Weekly FRED The latest survey of US businesses shows little diminishing of economic activity in the near future. A survey of senior business executives in service-oriented companies, such as retailers and banks, rebounded to a three-month high of … Continue reading

Posted in Uncategorized | Tagged , , | Leave a comment

Retail Sales Confirm Holiday Rally

Financial FAQs FRED September retail sales and food services presage a holiday season worth celebrating, despite supply shortages, worker shortages, and the pandemic. Seasonally adjusted retail sales are up 12 percent over last September, which means that the demand for … Continue reading

Posted in Uncategorized | Tagged , | Leave a comment

What Happened to the Civil War?

Answering Kennedy’s Call NPR.org Removal of the largest Robert E. Lee statue from its prominent place in central Richmond, Virginia is a sign of the times. We are no longer fighting what has been called a ‘cold’ civil war. Not the majority … Continue reading

Posted in Economy, Politics, Uncategorized | Leave a comment

Why Are Consumers So Confident?

Popular Economics Weekly Conference Board Rather than retreating mildly this month as expected, the Conference Board’s consumer confidence index edged up slightly from an upward-revised June level to stand at 129.1,” said Reuters.  That was a new pandemic-era high, although … Continue reading

Posted in Consumers, COVID-19, Economy, Uncategorized, Weekly Financial News | Leave a comment

Can We Fix the Housing Shortage–Part II?

The Mortgage Corner Calculated Risk WASHINGTON (July 22, 2021) – Existing-home sales increased in June, snapping four consecutive months of declines, according to the National Association of Realtors®. But it’s not enough to bridge the supply-demand gap, especially for those … Continue reading

Posted in Uncategorized | 2 Comments

Too Many Jobs to Fill?

Popular Economics Weekly Calculated Risk There are too many job vacancies at the moment, per the Labor Department’s JOLTS report; though it actually signals that  businesses seem to want workers for the same old jobs, but there’s now a mismatch. … Continue reading

Posted in Consumers, COVID-19, Economy, Uncategorized, Weekly Financial News | Leave a comment

The Greatest Story Ever Told

The Greatest Story Ever Told …by Harlan Green Canyon Country Zephyr Magazine by stiles • May 31, 2021 • 0 Comments I was an engineering student at UC Berkeley in the early 1960s. The student body was much smaller and campus quieter before free … Continue reading

Posted in Uncategorized | Leave a comment

The Age of Narcissism is Ending

Answering the Kennedys’ Call PEWResearch The election of President Biden is bringing an end to the age of narcissism, or as Tom Wolfe titled it in 1976, “The ‘Me’ Decade”. Only 30 percent of adult Americans say they still like our former … Continue reading

Posted in Consumers, COVID-19, Economy, Keynesian economics, Politics, Uncategorized, Weekly Financial News | Leave a comment