Category Archives: Weekly Financial News

Why Not A Return to the ‘Roaring Twenties’?

Posted on November 7, 2023 by Popular Economics Weekly

The Mortgage Corner “The Roaring Twenties was a decade of economic growth and widespread prosperity, driven by recovery from wartime devastation and deferred spending, a boom in construction, and the rapid growth of consumer goods such as automobiles and electricity … Continue reading →

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Where’s the Recession-Part II?

Posted on November 3, 2023 by Popular Economics Weekly

Popular Economics Weekly We will have to wait longer for a recession. October’s Jobs report showed even the unsettled labor strikes didn’t make much of a dent in the labor market. The usual suspects—leisure activities, healthcare, and a booming construction … Continue reading →

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Our Budget Deficit Isn’t the Problem

Posted on November 1, 2023 by Popular Economics Weekly

Financial FAQs Harvard Economics Professor and former Treasury Secretary Larry Summers said Tuesday during an event staged by the Center for American Progress, a Democratic Party-aligned think tank, that the U.S. budget deficit, which came in at $1.7 trillion in … Continue reading →

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Where’s the Recession?

Posted on October 26, 2023 by Popular Economics Weekly

Popular Economics Weekly Is waiting for the next recession becoming a useless guessing game? Maybe even the event itself has less meaning these days when conditions can change so quickly. We have declining existing home sales yet surging new-home sales … Continue reading →

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Housing Must Be Saved

Posted on October 23, 2023 by Popular Economics Weekly

The Mortgage Corner Realtors are loudly crying that holding interest rates at the current high level for a prolonged period is destroying the housing market., I said recently. Existing-home sales are now at the lowest level since the Great Recession, … Continue reading →

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Too Little Growth a Danger

Posted on October 19, 2023 by Popular Economics Weekly

Popular Economics Weekly Rather than worry about too much inflation still in the pipeline, we should worry about too little economic growth going forward, if we take Chairman Powell at his word in his latest speech at a recent economic … Continue reading →

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Retail Sales Will Save Us

Posted on October 18, 2023 by Popular Economics Weekly

Financial FAQs The debate is raging on when the Fed will begin to lower their short-term rates in time to prevent a recession. A number of pundits and economists, such as Nobel Laureate Paul Krugman, have said the inflation battle … Continue reading →

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Too Low Inflation a Danger

Posted on October 12, 2023 by Popular Economics Weekly

Popular Economics Weekly Rather than worry about too much inflation still in the pipeline, we should worry about too little inflation going forward. The Producer Price Index of wholesale goods and services in September was 2.2 percent. It hit the … Continue reading →

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Higher Growth Ahead!

Posted on October 10, 2023 by Popular Economics Weekly

Financial FAQs Why have stocks and bonds been gyrating so much this year? It’s partly because a confused Federal Reserve doubts inflation is approaching their 2 percent target, and so won’t signal when they might begin to reduce their sky … Continue reading →

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Hot Labor Market and Lower Inflation Possible?

Posted on October 7, 2023 by Popular Economics Weekly

 Popular Economics Weekly Total nonfarm payrolls rose by 336,000 in September, and the unemployment rate was unchanged at 3.8 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in leisure and hospitality; government; health care; professional, scientific, and … Continue reading →

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