Category Archives: Weekly Financial News

Consumers Financial Health Improving

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

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?

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

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?

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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Why Financial Reform?

Why the difficulty in pinning down who was responsible, is the question we asked last week. A major source of the problem is the claim the players weren’t responsible for any consequences. Even Alan Greenspan had said the Federal Reserve wasn’t able to detect asset bubbles—the major cause of most financial meltdowns—so how could anyone else detect them? And if not detectable, than how could anyone be held responsible for causing them, and the losses when they burst? Continue reading

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