Category Archives: Weekly Financial News

The Sequester Dilemma—How Much Is Too Much Austerity?

Posted on February 23, 2013 by Popular Economics Weekly

Financial FAQs Come March 1, we will begin to see how much damage the sequester agreement causes. A recent CNBC column by Larry Kudlow illustrates both the misconceptions and reason for the gridlock on avoiding across-the-board spending cuts of some … Continue reading →

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Housing Affordability Up, Inventories Still Shrinking

Posted on February 21, 2013 by Popular Economics Weekly

The Mortgage Corner The National Association of Home Builders (NAHB) reported exceptionally low interest rates helped ensure a slight gain in nationwide housing affordability amid relatively stable house prices in the final quarter of 2012, according to the just released … Continue reading →

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No Double Dip Recession—Why Worry?

Posted on February 20, 2013 by Popular Economics Weekly

Popular Economics Weekly Goldman Sachs chief economist Jan Hatzius has joined the chorus that says 2013 should be a good year for growth, in spite of the so-called ‘fiscal headwinds’ of a gridlocked Congress and White House. Why? Because both … Continue reading →

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State of the Union—Why So Few New Jobs?

Posted on February 16, 2013 by Popular Economics Weekly

Popular Economics Weekly President Obama’s State of the Union address was all about jobs. So why have so few been created since the Great Recession? Federal Reserve Vice Chair Janet Yellen gave a recent speech entitled: A Painfully Slow Recovery … Continue reading →

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The Fed Worried About Continued Growth

Posted on February 11, 2013 by Popular Economics Weekly

Popular Economics Weekly Fourth Quarter Gross Domestic Product growth was a bust. What does that say about 2013? Are consumers tapped out, and capital expenditures (capex) shrinking, the two main drivers of economic growth? It doesn’t seem so, as long … Continue reading →

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Mortgage Activity Continues To Improve

Posted on February 6, 2013 by Popular Economics Weekly

The Mortgage Corner Increasing mortgage purchase and refinance activity, key forward looking indicators of our housing market, show 2013 should be a great year for housings’ continued recovery. The Mortgage Bankers Association reported its Refinance Index increased 4 percent from … Continue reading →

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Why Shouldn’t the Fed Do More?

Posted on February 4, 2013 by Popular Economics Weekly

Financial FAQs Fourth Quarter Gross Domestic Product growth was a bust. And so cries are rising for the Federal Reserve to do more to promote growth (since Congress and the White House can’t or won’t). Actually the Fed has done … Continue reading →

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Why Are Consumers So Unhappy?

Posted on February 2, 2013 by Popular Economics Weekly

Popular Economics Weekly It shouldn’t be a secret, by now. Consumers are unhappy. And it’s not because we are too busy paying down our debts. It’s really because no one in Washington has been focusing on job creation—at least since … Continue reading →

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Dr. Robert Shiller Says No Housing Boom

Posted on January 29, 2013 by Popular Economics Weekly

The Mortgage Corner Dr. Robert Shiller, Yale Econ Professor, and co-creator of the Case-Shiller Home Price Index, has become very cautious in his latest articles. Don’t expect much in the way of a housing boom in 2013. He isn’t even … Continue reading →

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2013 U.S. Economy Finally In Recovery

Posted on January 25, 2013 by Popular Economics Weekly

Popular Economics Weekly With tax rates returning to more normal levels from the rollback of Bush era tax cuts, and Republicans giving up on denying debt ceiling increases until April that would force more cuts in government spending, there seem … Continue reading →

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