Category Archives: Weekly Financial News

Fed’s Yellen—No Inflation In 2015?

Popular Economics Weekly Fed Chair Janet Yellen has given us a very good holiday gift. that boosted stock and bond prices.  She announced at her post-FOMC meeting press conference that Fed Governor’s see little or no inflation next year. In … Continue reading

Posted in Consumers, Economy, Macro Economics, Weekly Financial News | Tagged , , , , , | Leave a comment

Conference Board’s Leading Economic Indicators Near Highs

Financial FAQs The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.6 percent in November to 105.5 (2004 = 100), following a 0.6 percent increase in October, and a 0.8 percent increase in September. It is a further … Continue reading

Posted in Consumers, Economy, Macro Economics, Weekly Financial News | Tagged , , , , , , , , | Leave a comment

New-Home Construction, Builders’ Optimism Still Rising

The Mortgage Corner Home builders’ optimism is still high, though builder confidence in the market for newly built single-family homes fell one point in December to a level of 57 on the National Association of Home Builders/Wells Fargo Housing Market … Continue reading

Posted in Consumers, Housing, housing market, Weekly Financial News | Tagged , , , , | 1 Comment

Retail Sales Portend +4 Percent GDP in 2015

Popular Economics Weekly We have said that the prospect of higher interest rates next year may spur some extraordinary growth over the next few quarters, and just out holiday retail sales seem to be fulfilling that prophecy.  Consumer spending is … Continue reading

Posted in Consumers, Economy, Housing, housing market, Macro Economics, Weekly Financial News | Tagged , , , , | Leave a comment

The Economic Consequences of Too Much Inequality

Financial FAQs A new report released by the World Economic Forum, ranks rising inequality as the top trend facing the globe in 2015, according to a survey of 1,767 global leaders from business, academia, government and non-profits, many of whom … Continue reading

Posted in Consumers, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , , , , , , , , | Leave a comment

Will 2014 Be Best Employment Year Since 1999?

Popular Economics Weekly Calculated Risk’s Bill McBride has just come out with a noteworthy prediction. This could be the best year for private employment since 1999. “The consensus is the economy will add another 220 thousand jobs in November (215 … Continue reading

Posted in Consumers, Economy, Housing, housing market, Politics, Weekly Financial News | Tagged , , , , , , , , | Leave a comment

GDP Growth Higher, Case-Shiller Prices Steady

The Mortgage Corner The economy in the second and third quarters posted its best back-to-back growth in 11 years, And the Conference Board’s Index of Leading Economic Indicators showed strong growth over the next six months. offering fresh evidence that … Continue reading

Posted in Consumers, Economy, Housing, housing market, Macro Economics, Weekly Financial News | Tagged , , , , , , , , | Leave a comment

Republicans Just Don’t Get It–II

Financial FAQs Why don’t Republicans get it? The 11 million illegal immigrants who have lived and raised families in the U.S. is the latest millstone around their necks that derails any hope of a Republican presidency. Last year a bi-partisan … Continue reading

Posted in Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , , , , , , , , | Leave a comment

Republicans Just Don’t Get It

Financial FAQs There is a reason why it has taken so long to emerge from the Great Recession. And the Republican leaders of the House and Senate with their new majorities exemplify why we have barely emerged from it. They … Continue reading

Posted in Consumers, Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , , , | Leave a comment

Housing Picks Up, Builder Confidence Highest in 7 Years

The Mortgage Corner Builders are most optimistic about single family homes, and the youngest adults are finally beginning to leave their parents’ nest, apparently. The National Association of Home Builders/Wells Fargo gauge rose four points to 58 in November, near … Continue reading

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , , , | Leave a comment