Category Archives: Weekly Financial News

Soaring Retail Sales Begin the 2020’s Recovery

Posted on April 16, 2021 by Popular Economics Weekly

Financial FAQs FREDretailsales Sales at U.S. retailers rose 9.8 percent in March, the government said Thursday, in part because of the additional $1,400 stimulus checks for consumers from the federal government, accelerating economic growth, and declining COVID death rates. This … Continue reading →

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Equitable Wealth = Equitable Growth

Posted on April 14, 2021 by Popular Economics Weekly

Answering the Kennedys’ Call Equitablegrowth.com We must cure the record income inequality if we are to re-unite the United States into a country that serves Americans in both red and blue states. The current disunity is a result of whole … Continue reading →

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Job Openings Highest in Two Years

Posted on April 7, 2021 by Popular Economics Weekly

Financial FAQs Tradingeconomics.com Job openings in the U.S. rose in February to the highest level in more than two years as the economy emerged from a winter slowdown tied to a record increase in coronavirus cases. The number of job … Continue reading →

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March Employment Augers A Roaring 2020’s

Posted on April 2, 2021 by Popular Economics Weekly

Popular Economics Weekly MarketWatch.com It may be difficult for the naysayers that believe too much aid is going into social programs to find fault with the March unemployment report that added 916,000 new nonfarm payroll jobs. It looks like March … Continue reading →

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Why the Inflation Worries?

Posted on March 30, 2021 by Popular Economics Weekly

Financial FAQs Reuters.com There has been too much talk of inflation, as so-called ‘bond vigilantes’ seek to take advantage of the fear that too much pandemic recovery aid will saturate the financial markets, creating runaway inflation and boosting interest rates. … Continue reading →

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We Need A Green Infrastructure Plan

Posted on March 25, 2021 by Popular Economics Weekly

Popular Economics Weekly Washington Post The Biden administration’s $3 trillion infrastructure plan is next on their agenda to boost economic growth. And it will need a tax raise to pay for it. “I think a package that consists of investments … Continue reading →

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We Can Pay for the American Rescue Plan

Posted on March 15, 2021 by Popular Economics Weekly

Popular Economics Weekly “Consumer sentiment rose in early March to its highest level in a year due to the growing number of vaccinations as well as the widely anticipated passage of Biden’s relief measures,” said the University of Michigan sentiment … Continue reading →

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Employment Surge Boosts Recovery Prospects

Posted on March 5, 2021 by Popular Economics Weekly

Popular Economics Weekly MarketWatch Another sign of a roaring 2020’s economy just came out, per the Bureau of Labor Statistics (BLS) today. The February employment report added 355,000 jobs just to payrolls in leisure and hospitality — restaurants, hotels, casinos, … Continue reading →

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Manufacturing At Two-Year High

Posted on March 2, 2021 by Popular Economics Weekly

Financial FAQs Tradingeconomics Manufacturing activity is roaring back. It joins construction and housing sales as the main drivers of economic growth at the moment. And we need all the drivers of economic growth to keep this economy in the black … Continue reading →

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January Home Sales Exceed Expectations

Posted on February 25, 2021 by Popular Economics Weekly

The Mortgage Corner Calculated Risk The Calculated Risk/FRED graph shows that new-home sales are approaching the 2000 level at the start of the last housing bubble that ultimately resulted in the Great Recession (blue bars are recessions). But that doesn’t … Continue reading →

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