Category Archives: Weekly Financial News

Another ‘Roaring Twenties’?

Posted on October 30, 2024 by Popular Economics Weekly

Financial FAQs BEA.gov The advance estimate of BEA third quarter U.S. economic growth was 2.8 percent, slightly less than the 3 percent growth in Q2 but is showing few signs the post-pandemic recovery has slowed. It has defied the odds … Continue reading →

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Why Does Bidenomics Work?

Posted on October 29, 2024 by Popular Economics Weekly

Financial FAQs FREDrealgdp Elon Musk told a cheering crowd at Sunday’s MAGA rally in New York that if Donald Trump puts him in charge of government efficiency, as planned, he can cut “at least $2 trillion” from the current federal … Continue reading →

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Bidenomics Is Working!

Posted on October 18, 2024 by Popular Economics Weekly

Financial FAQs Brad Delong Why are Republicans denigrating Biodenomics, the economic policies passed by a bipartisan congress since 2021 that is causing 3 percent GDP growth and 4.0 percent unemployment, with 8 million job vacancies looking for workers, and inflation back … Continue reading →

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Housing Market In Recovery

Posted on October 16, 2024 by Popular Economics Weekly

The Mortgage Corner The National Association of Realtor’s Chief Economist, Lawrence Yun, commented on the latest and possibly best unemployment report of 2024. We are at the beginning of the next housing recovery. It’s no secret why; interest rates are … Continue reading →

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Why Nations Fail

Posted on October 14, 2024 by Popular Economics Weekly

Popular Economics Weekly Amazon The Nobel memorial prize in economics was awarded Monday to Daron Acemoglu, Simon Johnson and James A. Robinson for research that explains why societies with poor rule of law and exploitative institutions do not generate sustainable growth, as … Continue reading →

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The Tariff Bomb

Posted on October 13, 2024 by Popular Economics Weekly

Financial FAQs Getty Now that Elon Musk, the world’s richest man, is doing all he can to elect Donald Trump as the next American President with his $Billions; because there are too many regulations (read environmental), which means he might … Continue reading →

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Full Speed Ahead Growth–Part II

Posted on October 10, 2024 by Popular Economics Weekly

Popular Economics Weekly The September Consumer Price Index (CPI) continued to decline, further evidence that the inflation battle has been won. All eyes are now on whether strong economic growth can continue with the labor market beginning to falter, which … Continue reading →

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No More Inflation?

Posted on October 3, 2024 by Popular Economics Weekly

Financial FAQs The Fed is no longer worrying about inflation, since its preferred inflation gauge, the Personal Consumption Expenditure Index (PCE), recently dropped to a 2.2% inflation rate, close to the 2.0% target rate. Fed Chairman Powell said recently the … Continue reading →

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LUCKY LOSER–Part II

Posted on October 2, 2024 by Popular Economics Weekly

A Distrust of the Truth Born to a rich father who made him the beneficiary of his own highly lucrative investments, Trump received the equivalent of more than $500 million today via means that required no business expertise whatsoever. Random … Continue reading →

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US Growth Full Speed Ahead?

Posted on September 26, 2024 by Popular Economics Weekly

Popular Economics Weekly Any signs of a recession are declining. The U.S. economy is picking up speed in the BEA’s third and final revision of second quarter GDP growth. The U.S. economy has held the 3.0 percent growth rate, mostly due to strong consumer … Continue reading →

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