Category Archives: Weekly Financial News

Jobs, Jobs, and more Jobs Needed

Posted on July 18, 2010 by Popular Economics Weekly

Financial FAQs Three new Federal Reserve Governors are up for confirmation that would fill out the Federal Reserve Board of Governors for the first time in years. And what are they saying? Surprise, surprise: “Fed Nominees Stress Job Creation,” was … Continue reading →

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Where is Harry Truman—Part II?

Posted on July 14, 2010 by Popular Economics Weekly

Popular Economics Weekly What is the case for not providing more additional stimulus spending to boost economic growth? Harvard Econ Prof Gregory Mankiw, former Bush White House economic advisor, gave this rather bizarre prediction for the future behavior of employers … Continue reading →

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Housing Affordability Still Improving

Posted on June 27, 2010 by Popular Economics Weekly

The Mortgage Corner A very pessimistic Harvard University Joint Center for Housing Studies’ 2010 annual report says with the job market in dire straits, household incomes declining and foreclosures dragging down home values, the housing market may take years to … Continue reading →

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Economic Interdependence Is Good

Posted on June 27, 2010 by Popular Economics Weekly

How interdependent we have become! The lessons of this recession and the ongoing recovery, is that going it alone won’t work—whether when drilling oil wells, or evading financial regulations. We even have to thank our dependence on foreign trade with … Continue reading →

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May Employment Shows Sustainable Recovery

Posted on June 14, 2010 by Popular Economics Weekly

Popular Economics Weekly The headline number for payrolls in May was disappointing, according to the media, because of anemic growth in the private sector. But in fact it is leading to a more sustainable recovery. Most were temp help workers … Continue reading →

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Consumers Financial Health Improving

Posted on June 13, 2010 by Popular Economics Weekly

Popular Economics Weekly   Consumers’ financial health continues to improve. They are managing to both save and spend more, in spite of worries about both federal and state deficits. In fact, deficits don’t seem to matter to consumers, at least, … Continue reading →

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The Great Stimulus Debate

Posted on June 7, 2010 by Popular Economics Weekly

Financial FAQs It is called the Great Debate, because it began during the Great Depression. Should government stimulus be used to bring an economy out of recession-depression? Or, should private business play it out, and the weakest fall while the … Continue reading →

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Is Risk a 4-letter Word?

Posted on May 31, 2010 by Popular Economics Weekly

Financial FAQs Barron’s columnist Alan Abelson asked just that question this week after the general decline in stocks, and 900 plus point drop in the DOW. Have investors become so cautious because of Europe’s debt problems and the uncertainty of … Continue reading →

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No More ‘Double-Dip’ Talk

Posted on May 16, 2010 by Popular Economics Weekly

Popular Economics Weekly “Irrational Exuberance” author Robert Shiller in an eye-opening Sunday NYTimes op-ed maintains there is still chance of a double-dip recession. But it could happen over years, rather than months. “I use the definition of a double-dip recession … Continue reading →

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Why the Housing Bubble?

Posted on May 15, 2010 by Popular Economics Weekly

The Mortgage Corner Historical hindsight is always 20-20, but why didn’t economists and the Fed act sooner to deflate the housing bubble? By waiting until 2006 to tighten credit, the Federal Reserve allowed overbuilding of the housing sector that resulted … Continue reading →

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