Category Archives: Weekly Financial News

What Should Yellen’s Fed Do?

Posted on September 11, 2015 by Popular Economics Weekly

Popular Economics Weekly The big question hovering over the markets (both stocks and bonds), is whether the Federal Reserve will finally begin to raise short term interest rates at next week’s FOMC meeting. Markets are uncertain, and only a few … Continue reading →

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Unemployment Report Misleading

Posted on September 5, 2015 by Popular Economics Weekly

Financial FAQs Today’s lower than predicted payroll creation of 173,000 jobs doesn’t change my prediction of higher jobs growth ahead. My prediction yesterday was for 250,000 payroll jobs in August, but downward seasonal adjustments reduced payrolls by -800,000. In other … Continue reading →

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Higher Productivity, Jobs, Could Mean 3.5 percent GDP

Posted on September 3, 2015 by Popular Economics Weekly

Popular Economics Weekly It looks like we are returning to the goldilocks economy that prevailed for much of last year—low inflation and interest rates plus continued good job growth. But it also could mean better economic growth that has stayed … Continue reading →

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Construction Leads Housing, GDP Recovery

Posted on September 1, 2015 by Popular Economics Weekly

The Mortgage Corner Pending home sales are still rising. And that’s in large part because both residential and non-residential commercial construction is in fact soaring. The U.S. Census Bureau of the Department of Commerce announced today that construction spending during … Continue reading →

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Consumers Lead Growth, and Business Investment

Posted on August 27, 2015 by Popular Economics Weekly

Financial FAQs The U.S. economy grew at a faster 3.7 percent annual clip in the second quarter, up from the initial estimate of 2.3 percent, the Commerce Department said Thursday. Why was that a surprise to those short sellers afraid … Continue reading →

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Better Economic Growth Coming?

Posted on August 26, 2015 by Popular Economics Weekly

Popular Economics Weekly Barron’s economist Gene Epstein forecasts the possibility tomorrow’s Q2 GDP growth could be revised from 2.3 to 3.5 percent. I believe he’s a bit optimistic, but today’s snapback of stocks does mean that emerging market problems may … Continue reading →

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Record Post-Recession Home Sales, Construction, Case-Shiller Prices in July

Posted on August 25, 2015 by Popular Economics Weekly

The Mortgage Corner With all the bad news coming from the stock market, it’s good to know that this hasn’t affected the housing market. In fact, it’s pushing interest rates lower, so that a conforming 30-year fixed mortgage rate has … Continue reading →

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Higher Birth Rates Are Here

Posted on August 19, 2015 by Popular Economics Weekly

The Mortgage Corner The mellennial generation, now aged 18 to 36 years, are beginning to drive higher birth rates. And that means more households being formed, which will ultimately create a higher demand for housing. Actually, a 4 million birth … Continue reading →

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Unemployment Rate Stuck

Posted on August 10, 2015 by Popular Economics Weekly

Popular Economics Weekly The U.S. pumped out another 215,000 new jobs in July, but it doesn’t look like this is enough to convince the Fed to begin to raise rates in September. Workers still aren’t getting decent raises and millions … Continue reading →

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Who’s To Blame For the Great Recession?

Posted on August 5, 2015 by Popular Economics Weekly

Popular Economics Weekly Why has economic growth been so slow since the Great Recession? This is the question haunting many economists these days. Second quarter 2015 real GDP growth (after inflation) was just 2.3 percent six years after its end. … Continue reading →

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