Category Archives: Weekly Financial News

Housing Affordability Still at Highs

Posted on August 21, 2010 by Popular Economics Weekly

The Mortgage Corner Bolstered by favorable interest rates and low house prices, housing affordability remained near its highest level nationwide for the sixth consecutive month since the series was first compiled nearly two decades ago, according to the National Association … Continue reading →

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What is the ‘New Normal’?

Posted on August 8, 2010 by Popular Economics Weekly

Popular Economics Weekly There has been much talk of late about the “new normal” of slower economic growth that we may see in coming decades. It is defined by bond trader PIMCO’s Bill Gross as what he calls declining global … Continue reading →

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What is the ‘New Normal’—Part II?

Posted on August 8, 2010 by Popular Economics Weekly

Popular Economics Weekly Fed Chairman Ben Bernanke is sounding more optimistic these days. What is behind his optimism that seems to counteract the “New Normal” predictions of bond traders such as PIMCO and other fiscal conservatives who fear massive debts … Continue reading →

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Is Pent-up Demand Growing?

Posted on August 3, 2010 by Popular Economics Weekly

Financial FAQs We are now hearing that pent up demand is growing as the economic recovery takes its time. What is it, and what would it mean for an earlier recovery? Fed Chairman Bernanke mentioned that ‘demand’ could grow in … Continue reading →

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Why Does The Fed Hesitate?

Posted on July 23, 2010 by Popular Economics Weekly

Popular Economics Weekly Fed Chairman Ben Bernanke just gave his semi-annual report to Congress, and it looks like Bernanke and his Federal Reserve Governors continue to be cautious in advocating more stimulus.  He said that the Fed had more ways … Continue reading →

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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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