Category Archives: Weekly Financial News

So When Do We Call a Recession?

Posted on July 26, 2022 by Popular Economics Weekly

Financial FAQs Conference-Board.org Calling a recession at this time because we may have two consecutive quarters of negative GDP growth is almost irrelevant, because it may be over as quickly as the artificially induced 2-month recession in April-May 2020 (see … Continue reading →

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Retail Sales Could Keep US Growing

Posted on July 21, 2022 by Popular Economics Weekly

Financial FAQs FREDretailsales U.S. retail sales rebounded strongly in June as Americans spent more on gasoline and other goods amid soaring inflation, which could allay fears of an imminent recession but not change the view that economic growth in the … Continue reading →

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When Does Inflation Endanger Growth?

Posted on July 14, 2022 by Popular Economics Weekly

Financial FAQs Tradingeconomics.com Not all inflation endangers economic growth but the short answer is when inflation becomes so prolonged that consumers can no longer afford to consume. And that hasn’t happened yet, with consumer spending still at pandemic highs. The … Continue reading →

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Labor Market Too Hot?

Posted on July 8, 2022 by Popular Economics Weekly

Popular Economics Weekly MarketWatch Total nonfarm payroll employment rose by 372,000 in June, and the unemployment rate remained at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and business services, leisure and … Continue reading →

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Economic Growth Becoming More Sustainable?

Posted on July 7, 2022 by Popular Economics Weekly

Financial FAQs The analogy that best describes current economic conditions is one where we are in a race to recover from COVID-19 while a European war is raging. The U.S. economy has slowed from a warp speed of 100 mph … Continue reading →

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Inflation Not the Real Problem

Posted on July 5, 2022 by Popular Economics Weekly

The Mortgage Corner FREDcpi Why do polls say we are going in the wrong direction and the economy isn’t doing well? Fifty-two percent of American adults say they are worse off financially than they were a year ago, according to … Continue reading →

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Inflation Cooling, Manufacturing Stays Hot

Posted on June 30, 2022 by Popular Economics Weekly

Financial FAQs FREDpce Inflation hawks that keep calling for more Fed rate hikes see a recession coming. But what if inflation is already beginning to decline? The rate of inflation over the past year was unchanged at 6.3 percent in … Continue reading →

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Jobs Picture Reduces Inflation Worries

Posted on June 24, 2022 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk Weekly initial unemployment claims are holding at the lowest level since 1970, which is a sign of an extremely tight labor market. In the week ending June 18, the advance figure for seasonally adjusted initial … Continue reading →

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Home Sales Returning to Normal

Posted on June 22, 2022 by Popular Economics Weekly

Financial FAQs FREDcalculatedrisk The home sales frenzy that has prevailed since COVID and rock bottom interest rates is finally subsiding. Existing-home sales retreated for the fourth consecutive month in May, according to the National Association of Realtors®. Month-over-month sales declined … Continue reading →

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Higher Inflation Doesn’t Mean Stagflation

Posted on June 13, 2022 by Popular Economics Weekly

Financial FAQs The current headlines would have us believe the bipartisan $1.9 trillion American Rescue Plan and $1.2 trillion American Infrastructure Investment and Jobs Act approved overwhelmingly by both Democrats and Republicans in 2021 will cause prolonged inflation and perhaps lead … Continue reading →

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