Category Archives: Weekly Financial News

Who Will Trump Trump’s Ambitions?

Popular Economics Weekly Thomas Friedman seems to believe the Donald has sewed up a majority of the Republican Primary delegates and will be a formidable foe for Hillary, assuming she is the Democrat’s candidate. But chances are his past will … Continue reading →

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Job Market Grows Stronger

Popular Economics Weekly Americans are going back to work, though mostly in lower paying jobs at the moment. That’s why those states and cities raising their minimum wage rate are so important for growth. The U.S. added 242,000 new jobs … Continue reading →

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Fannie-Freddie Debacle Continues

The Mortgage Corner We are already seeing the results of Obama Administration attempts to kill Fannie Mae and Freddie Mac, the Government Sponsored Entities that guarantee more than 60 percent of all mortgages originated in the U.S. housing market these … Continue reading →

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Construction Boosted By Public Works, Offices

The Mortgage Corner We are already seeing the results of the $1.1T budget agreement, and $305 STIRR Surface Transportation and Highway Trust Fund bill. Construction spending rose a strong 1.5 percent in January due to a surge in highway & … Continue reading →

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Higher GDP, Consumer Spending Will Boost 2016 Growth

Financial FAQs Q4 GDP growth was just revised upward to 1.0 percent, from the 0.7 percent first estimate.  This, January’s personal income figures and durable goods orders show consumers and even parts of the manufacturing sector are still expanding, which … Continue reading →

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Huge Jump In Existing-Home Sales

The Mortgage Corner Wow! Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 0.4 percent to a seasonally adjusted annual rate of 5.47 million in January from a downwardly revised 5.45 million in … Continue reading →

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Inflation Is Bringing Back Higher Growth!

Popular Economics Weekly Consumer prices are on the rise and the Fed’s December rate hike doesn’t look misplaced at all, says Econoday. Year-on-year core prices (without food and energy prices) rose 1 tenth to plus 2.2 percent for the highest … Continue reading →

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How Extreme is Bernie’s Economic Vision?

Popular Economics Weekly Major progressive economists are protesting Bernie Sanders predictions of robust economic growth and jobs if his policies are enacted. What are his policies? Policies he claims will give Americans what the other developed countries already offer to … Continue reading →

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2016 Housing Update

The Mortgage Corner What should happen to U.S. housing in 2016, with interest rates at record lows and a healthy job market? Much will depend on population growth, and in particular the newest largest generation of all—the millennials, or Gen … Continue reading →

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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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