Category Archives: Weekly Financial News

New-Home Sales Answer to RE Recovery?

Posted on April 17, 2014 by Popular Economics Weekly

The Mortgage Corner Privately-owned housing starts in March were at a seasonally adjusted annual rate of 946,000. This is 2.8 percent above the revised February estimate of 920,000, but is 5.9 percent below the March 2013 rate of 1,005,000. Single-family … Continue reading →

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

The Bully Mentality

Posted on April 14, 2014 by Popular Economics Weekly

Popular Economics Weekly Why does the USA have such a problem with bullies?  Whether in the schools, in politics, or on Internet social media?  The result has been teenage suicides, horrendous school shootings by students who felt bullied or belittled, … Continue reading →

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

Yellen’s Federal Reserve To Keep Rates Low

Posted on April 10, 2014 by Popular Economics Weekly

The Mortgage Corner The Fed’s FOMC minutes of their last meeting were just released, and they show the Fed intends to keep interest rates low for as long as possible, until the unemployment rate drops substantially. And the Fed’s maintenance … Continue reading →

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

Jobs Recession Finally Over?

Posted on April 5, 2014 by Popular Economics Weekly

Financial FAQs Is the jobs recession finally over? It’s taken this long to bring employment back to pre-Great Recession levels. Overall employment is still slightly below the pre-recession peak (437 thousand fewer total jobs).  But private employment is now above … Continue reading →

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

The Ryan Budget Myth and Obamacare

Posted on April 3, 2014 by Popular Economics Weekly

Popular Economics Weekly Representative Paul Ryan has come up with his latest Republican budget proposal, and it changes nothing. It neither promotes economic growth, nor reduces the budget deficit, as with past Republican budget proposals. That’s because its real target … Continue reading →

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

Fed Chair Yellen Is the Workers’ Best Friend

Posted on April 1, 2014 by Popular Economics Weekly

Financial FAQs We have just heard from new Federal Reserve Chairperson Janet Yellen in her first official speech entitled, What the Federal Reserve is Doing to Promote a Stronger Job Market. Her speech not only boosted the financial markets, but … Continue reading →

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

No Relief Yet With Pending Sales

Posted on March 31, 2014 by Popular Economics Weekly

The Mortgage Corner We can’t yet count on Pending Home Sales, a predictor of closings in 60 to 90 days, to predict a boost to this year’s sales. They have been falling since last July, and the last spike in … Continue reading →

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

Greenspan’s Greed and The Federal Deficit

Posted on March 28, 2014 by Popular Economics Weekly

Popular Economics Weekly The deficit this year is expected to be $514 billion— just 3 percent the size of the economy and significantly less than the $1.4 trillion deficit Congress ran up when it pumped stimulus into the economy in … Continue reading →

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

What’s Happened to New-Home Sales?

Posted on March 25, 2014 by Popular Economics Weekly

The Financial FAQs Sales of new single-family houses in February 2014 were at a seasonally adjusted annual rate of 440,000, according to U.S. Census Bureau and the Department of Housing and Urban Development estimates. This is 3.3 percent below the … Continue reading →

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

What Did Janet Yellen and FOMC Really Say?

Posted on March 20, 2014 by Popular Economics Weekly

Popular Economics Weekly The moment that the Federal Reserve’s FOMC meeting ended, and its comments were released, interest rates rose. Why? Because bond-holders and currency traders in particular (the dollar exchange rate rose, also), believed that the Fed could raise … Continue reading →

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