Category Archives: Weekly Financial News

Retail Sales Much Stronger?

Financial FAQs The jump in retail sales was huge, plus upward revisions to past months that made more sense with other indicators of a growing economy. It seems the consumer can afford to spend more with lower debt levels and … Continue reading

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Labor’s Day Not Celebrated?

Financial FAQs It looked like August’s unemployment report would celebrate this year’s Labor Day in a big way. We know it because most employment indicators point to many more jobs this year that also pay more. Starting with the August … Continue reading

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Pending Sales Up, Mortgage Delinquencies Down

The Mortgage Corner U.S. home buyers signed more contracts to buy existing homes in July, rebounding from a drop in June. This is in line with declining delinquency and foreclosure rates that portend a healthy real estate market for the … Continue reading

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Yellen + Jackson Hole = Higher Growth

Popular Economics Weekly New Fed Chairman Janet Yellen plus a few other major central bankers at their annual Jackson Hole conference seem to have committed a heresy by advocating full employment as the goal of central bank policies, above and … Continue reading

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Leading Indicators, Housing, Show More Growth Ahead

Financial FAQs It looks like the US economy is kicking into high gear from its winter slump, as the Conference Board’s just released July Index of Leading Indicators (LEI) jumped 0.9 percent, the highest it’s been this year. It is … Continue reading

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Where is the Inflation?

Financial FAQs Stocks and bonds are rallying, as it looks like inflation is still falling, rather than rising. This is good news for investors, but prices aren’t rising enough to boost economic growth yet. Boosting inflation seems to be the … Continue reading

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Lower Household Debt, Housing, Now Boosting Growth

The Mortgage Corner In another sign that this could be a better growth year, builder confidence in the market for newly built, single-family homes rose two points to 55 on the National Association of Home Builders/Wells Fargo Housing Market Index … Continue reading

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Consumers Healthier with Lower Household Debt

Popular Economics Weekly Household debt continues to decline, which will free more disposable income for consumers, which should be a sign that consumer spending, the main driver of economic growth, will continue to grow. That has to be why Q2 … Continue reading

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Don’t Forget the Millennials—Part II

Financial FAQs We have talked before about the upcoming Millennial, or Gen Y generation that will number more than 80 million eventually, 7 percent higher than their baby boomer parents that gave us such high economic growth in the 1980s … Continue reading

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More Jobs–What About Incomes?

Popular Economics Weekly The U.S. in July added 209,000 jobs last month outside the farm sector, the Labor Department said Friday. Although hiring tapered off after a 298,000 gain in June, the U.S. has generated at least 200,000 jobs in … Continue reading

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