Category Archives: Weekly Financial News

Which Are Fastest Growing States?

Posted on October 26, 2015 by Popular Economics Weekly

Popular Economics Weekly A very interesting report by the Philadelphia Fed is just out that surveys economic growth in all 50 states. And the report shows excellent growth continuing in most of the country as of September. The Federal Reserve … Continue reading →

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Best Existing-Home Sales Since 2007

Posted on October 22, 2015 by Popular Economics Weekly

Popular Economics Weekly Total existing–home sales, which are completed transactions that include single–family homes, townhomes, condominiums and co–ops, increased 4.7 percent to a seasonally adjusted annual rate of 5.55 million in September from a slightly downwardly revised 5.30 million in … Continue reading →

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Pending Sales, Housing Construction Are Healthy

Posted on October 19, 2015 by Popular Economics Weekly

The Mortgage Corner Most of the Federal Reserve Governors have announced they don’t support raising interest rates until sometime next, year, and only if worldwide economic growth picks up. Why? The US Dollar is so strong that it’s hurting exports, … Continue reading →

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Why the Q3 Slowdown Predictions?

Posted on October 15, 2015 by Popular Economics Weekly

Financial FAQs The International Monetary Fund and the Federal Reserve have downgraded their estimates of growth in upcoming quarters. The IMF takes the worldwide view, with particular weakness in the emerging markets of Brazil, Nigeria, South Africa and Russia., and … Continue reading →

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When Will Fed Raise Interest Rates?

Posted on October 12, 2015 by Popular Economics Weekly

The Mortgage Corner It has been puzzling many major economists, including Nobelist Paul Krugman, Obama advisor Larry Summers, and Minneapolis Fed Chair Narayan Kacherlakota, why Janet Yellen’s Fed is still talking about raising interest rates when current inflation numbers are … Continue reading →

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Single Payer “Universal” Health Plans, versus What?

Posted on October 1, 2015 by Popular Economics Weekly

Financial FAQs We are in Australia, and my wife just paid for a General Practitioner’s visit to examine possibly dangerous sun damage to her skin. The Doctor’s examination cost her $37 Australian, and the topical medication just $10Au. So what … Continue reading →

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Q2 Economic Growth Gangbusters, But Q3?

Posted on September 27, 2015 by Popular Economics Weekly

Popular Economics Weekly In spite of all those predictions that GDP growth would exceed 3 percent for the rest of the year and into 2016, the latest factory orders and inflation indicators show a slowdown in Q3 from Q2’s gangbusters … Continue reading →

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The Results of Being the Dumb Down Party

Posted on September 19, 2015 by Popular Economics Weekly

Financial FAQs We saw in the latest CNN Republican candidate debate the results of what seems to be a prolonged campaign to discount almost all scientific facts, as well as intelligent discussion of the most important issues of the day. … Continue reading →

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Don’t Count On Inflation Moving Federal Reserve

Posted on September 17, 2015 by Popular Economics Weekly

Popular Economics Weekly The Federal Reserve didn’t raise interest rates today at the close of their FOMC meeting. In fact the 9-1 vote against raising rates wasn’t even close. So don’t count on inflation to save the day for the … Continue reading →

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Construction, Retail Sales Higher

Posted on September 15, 2015 by Popular Economics Weekly

The Mortgage Corner The strength of the economy right now is in the housing and construction sectors, again areas insulated from global factors, such as China’s slowdown. Construction spending, next to vehicle sales, is perhaps the week’s best surprise, rising … Continue reading →

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