Category Archives: Weekly Financial News

Employment Report Means Holiday Cheers!

Posted on November 12, 2011 by Popular Economics Weekly

Popular Economics Weekly Not only were the employment numbers for the past 3 months much higher than originally estimated, but job openings are growing. All we need now is for consumers’ credit conditions to ease to bring back their confidence. … Continue reading →

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Dear Supercommittee: “It’s Consumer Spending, Stupid!”

Posted on November 3, 2011 by Popular Economics Weekly

Financial FAQs “With only about a month remaining before its recommendations are due, lawmakers on the congressional supercommittee charged with finding savings from the federal budget wrestled with cuts to defense, foreign aid and other programs on Wednesday”, said Bloomberg … Continue reading →

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Third Quarter Growth Will Be Better

Posted on October 28, 2011 by Popular Economics Weekly

Popular Economics Weekly We now know the reasons for this summer’s growth pause. The Japanese earthquake and Tsunami disrupted a fragile recovery at the same time as Europeans found out they had a fragile banking system. And several stimulus programs … Continue reading →

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What will Boost Real Estate?

Posted on October 2, 2011 by Popular Economics Weekly

The Mortgage Corner Never in my 30 years as a Mortgage Banker did I think I would see interest rates this low—as low as during Harry Truman’s Presidency. Yet very few homeowners are able to take advantage of those rates, … Continue reading →

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Don’t Accept ‘New Normal’ of Slower Growth

Posted on September 16, 2011 by Popular Economics Weekly

Popular Economics Weekly There is no reason to accept what pundits and some economists are telling us we have to accept—a ‘new normal’ for economic growth that is some kind of growth recession. Because we have the means to spur … Continue reading →

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Labor’s Day—Have We Forgotten What It Means?

Posted on September 2, 2011 by Popular Economics Weekly

Popular Economics Weekly It’s officially the end of summer, start of school, fall colors, and Obama’s upcoming September 8 joint congressional State of the Jobs Market. With the labor market in dire straits, what can we say about this year’s … Continue reading →

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The Fed’s Paralysis—Who Will Do the Right Thing?

Posted on August 30, 2011 by Popular Economics Weekly

Popular Economics Weekly I actually agreed with Fed Chairman Bernanke in his latest Jackson Hole speech, when he said the Fed can’t grow the economy without some help. The weak growth of late has panicked markets, and Fed policy doesn’t … Continue reading →

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Our Psychological Depression

Posted on August 21, 2011 by Popular Economics Weekly

Popular Economics Weekly The plunging financial markets are telling us something depression, but it is more about crowd psychology, than actual events. Americans are very depressed about their financial prospects. Duh, says Paul Krugman, given the congressional deadlock. So why … Continue reading →

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Don’t Blame Our Democracy…

Posted on July 26, 2011 by Popular Economics Weekly

Popular Economics Weekly Please don’t blame our Democracy, old as it is—in fact, the oldest in the modern world—for the slowness of this recovery. Winston Churchill on hearing his Labor Party had been defeated in 1947, said in the House … Continue reading →

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Don’t Blame Fannie and Freddie…

Posted on July 20, 2011 by Popular Economics Weekly

The Mortgage Corner Please don’t blame Fannie Mae and Freddie Mac, guarantors of most of the housing market’s conventional mortgages and reason the housing market continues to function at all, for the housing bust. The bust was caused by the … Continue reading →

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