Category Archives: Weekly Financial News

Housing Construction Surge—Sign of Better Times?

Posted on May 21, 2015 by Popular Economics Weekly

The Mortgage Corner U.S. housing starts jumped to their highest level in nearly 7-1/2 years in April and permits soared, hopeful signs for an economy that is struggling to regain strong momentum after a dismal first quarter. And that is … Continue reading →

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Dr. Robert Shiller–Why the Weak Recovery?

Posted on May 20, 2015 by Popular Economics Weekly

Popular Economics Weekly Nobelist Robert Shiller, winner of the Nobel for his research in Behavioral Economics, or the psychology that drives economic behavior, has come up with the latest reason this economic recovery has been so weak to date. GDP … Continue reading →

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Fannie and Freddie Didn’t Do It!

Posted on May 19, 2015 by Popular Economics Weekly

Financial FAQs As if further confirmation was needed that Fannie Mae and Freddie Mac were not even a minor cause of the housing bubble and consequent bust, the latest judgment against Nomura Securities for selling fraudulent mortgages to Fannie and … Continue reading →

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2015 Housing Construction Will Surge

Posted on May 13, 2015 by Popular Economics Weekly

The Mortgage Corner We believe housing construction is about to bloom this spring, due to growing employment. For starters, an additional 45,000 construction jobs were added to nonfarm payrolls in April. This is even though construction spending to date has … Continue reading →

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Repubs Anti-Science Agenda Endangers US

Posted on May 7, 2015 by Popular Economics Weekly

Financial FAQs Last week, the House Science, Space, and Technology Committee, headed by Texas Republican Lamar Smith, approved a bill that would slash at least three hundred million dollars from NASA’s earth-science budget, says the New Yorker’s Elizabeth Colbert. “Earth … Continue reading →

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Baltimore and the Lessons of Inequality

Posted on May 2, 2015 by Popular Economics Weekly

Financial FAQs David Brook’s most recent New York Times Oped talks about the dissolution of social bonds in Baltimore neighborhoods. “Even in poorest Baltimore, there once were informal rules of behavior governing how cops interacted with citizens,” he says in … Continue reading →

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March New-Home Sales A Dud

Posted on April 25, 2015 by Popular Economics Weekly

“Sales of new single-family houses in March 2015 were at a seasonally adjusted annual rate of 481,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 11.4 percent … Continue reading →

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March Existing-Home Sales Spike

Posted on April 23, 2015 by Popular Economics Weekly

The Mortgage Corner Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 6.1 percent to a seasonally adjusted annual rate of 5.19 million in March from 4.89 million in February—the highest annual rate … Continue reading →

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Fannie Says Better Growth For Rest of 2015

Posted on April 21, 2015 by Popular Economics Weekly

Popular Economics Weekly “Economic activity was suppressed in the first quarter due largely to the West Coast port disruptions and difficult weather patterns across the Northeast, but the economy is expected to gain momentum throughout the spring and reach previously … Continue reading →

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Germany’s Failed Austerity Policies

Posted on April 17, 2015 by Popular Economics Weekly

Financial FAQs One would think by now the debate has been resolved on which economic model created the better recovery for this Great Recession or Lessor Depression, as P Krugman has called it. But no, Germany’s Finance Minister Wolfgang Schauble … Continue reading →

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