Category Archives: Weekly Financial News

Existing-Homes Inventory at Record Lows

Posted on January 22, 2013 by Popular Economics Weekly

The Mortgage Corner The housing market is recovering with the highest sales and price rises since 2007. Only problem is that inventory is also at the lowest level since 2007, with just 4.4 month’s supply of housing on the market. … Continue reading →

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Juicing Employment Is Good

Posted on January 20, 2013 by Popular Economics Weekly

Financial FAQs The subject of juicing is in the air with Lance Armstrong’s confession that he and his cycling teammates injected various stimulants to win races. Yet he told Oprah on her show he didn’t think he was cheating. “Scary, … Continue reading →

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What Budget Problem?

Posted on January 17, 2013 by Popular Economics Weekly

Popular Economics Weekly Does Congress know that our federal budget deficit has been shrinking steadily since 2009, the end of the 18-month Great Recession? Yes, that’s right. A combination of cuts in government spending and very low interest rates on … Continue reading →

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The Hunger Games Are Coming…

Posted on January 15, 2013 by Popular Economics Weekly

Financial FAQs Was the Sandy Hook Elementary School massacre the sign of an apocalyptic future? Or the Aurora Theatre shootings by a cold-blooded killer? The Hunger Games is a riveting portrayal of how the young see the modern world, where … Continue reading →

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Mortgage Quality Highest in Decade

Posted on January 12, 2013 by Popular Economics Weekly

The Mortgage Corner Record low interest rates and low prices, are making housing more affordable than ever. This is also helping lower default rates, as average credit scores have soared, and Debt to Income Ratios used to quality borrowers have … Continue reading →

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January Housing Inventory Declines 24 Percent

Posted on January 9, 2013 by Popular Economics Weekly

The Mortgage Corner The surest sign that property values will increase this year is the large decline in homes for sale. This is in part due to increasing sales, with existing-home sales up some 6 percent, year-over-year. But there is … Continue reading →

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Unemployment—Why Still So High?

Posted on January 5, 2013 by Popular Economics Weekly

Popular Economics Weekly What will bring US back to full employment is a very big question among economists. The problem is that the 155,000 per month nonfarm payroll average in 2012 isn’t enough to either absorb new entrants, or those … Continue reading →

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Happy New Year—A 2013 Recovery!

Posted on January 3, 2013 by Popular Economics Weekly

Popular Economics Weekly Any doubts how dependent the rest of the world is on U.S. growth was dispelled on ratification of the ‘fiscal cliff’ bill by Congress. The world’s stock markets rallied on the news. The DOW was up + … Continue reading →

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Our Tragedy of the Commons—Austerity That Doesn’t Work

Posted on December 28, 2012 by Popular Economics Weekly

Popular Economics Weekly There is a longer term fiscal crisis that current budget negotiators are ignoring. It is called the Tragedy of the Commons — the long term neglect of common resources and facilities used by all, including our air, … Continue reading →

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Housing Prices In “Sustained Recovery”

Posted on December 27, 2012 by Popular Economics Weekly

Popular Economics Weekly The S&P/Case-Shiller Home Price Index October headline was “Sustained Recovery in Home Prices”, as housing inventories continue to drop, while the latest estimates of household formation for young adults in particular are as high as 1.3 million … Continue reading →

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