Category Archives: Weekly Financial News

Who’s Willing to predict Q3 GDP?

Posted on October 1, 2019 by Popular Economics Weekly

Financial FAQs FRED.org We will be lucky to stay at 2 percent growth in this third quarter ending in September. So say a survey of economists, with a PMI Composite FLASH reading of next week’s manufacturing and non-manufacturing surveys flat, … Continue reading →

Posted in Consumers, Economy, Weekly Financial News | Leave a comment

Q2 GDP Growth Unchanged

Posted on September 26, 2019 by Popular Economics Weekly

Popular Economics Weekly BEA.gov In the face of declining consumer confidence, but strong consumer and government spending, the third estimate of second quarter GDP growth was unchanged at 2 percent. The BEA reported the increase in real GDP in the … Continue reading →

Posted in Economy, Macro Economics, Weekly Financial News | Tagged , , , | Leave a comment

Fear of Recession Rises as Wholesale Prices Fall

Posted on September 11, 2019 by Popular Economics Weekly

The Mortgage Corner MarketWatch The wholesale cost of raw and partly finished goods both fell in August and are negative in the past year, suggesting little inflation in the “pipeline,” according to the Bureau of Labor Statistics. Wholesale inflation has … Continue reading →

Posted in Consumers, Economy, Weekly Financial News | Tagged , , , , | Leave a comment

JOLTS Survey Reports Increase in Hiring

Posted on September 10, 2019 by Popular Economics Weekly

Financial FAQs Calculated Risk This Calculated Risk graph for the Labor Department’s Job Openings and Labor Turnover Survey says (almost) all of it. The yellow line signifying job openings is still soaring far above hires (blue line); so much so … Continue reading →

Posted in Consumers, Economy, Weekly Financial News | Tagged , , | Leave a comment

Why Fewer Jobs Created in August?

Posted on September 9, 2019 by Popular Economics Weekly

Popular Economics Weekly MarketWatch The economy added just 130,000 new jobs in August, marking the smallest increase in three months and offering more evidence that hiring has slowed amid a broadening trade dispute with China that’s disrupted the U.S. and … Continue reading →

Posted in Consumers, Economy, Weekly Financial News | Tagged , , | Leave a comment

What Happens When % Rates Go Even Lower?

Posted on September 2, 2019 by Popular Economics Weekly

The Mortgage Corner FRED The NAR’s pending home sales index was softer than expected in July, thereby reversing nearly all of its June increase.  That left the index with a slight YOY decline of 0.3 percent.  Those results probably mean … Continue reading →

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , | Leave a comment

Q2 GDP Growth Slowing—What Else?

Posted on August 30, 2019 by Popular Economics Weekly

Popular Economics Weekly BEA.gov The 2nd estimate of second quarter Real Gross Domestic Growth slowed to 2 percent, from 3.1 percent in January. It looks like GDP is slowing to the average rate that has prevailed since the end of … Continue reading →

Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

Budget Deficits With the Laffer Curve

Posted on August 26, 2019 by Popular Economics Weekly

Financial FAQs Wikipedia There is an economic theory of sorts that helps us to understand why our political parties can’t agree on how to grow an economy that benefits most Americans. It’s called the Laffer Curve, reputedly first drawn on … Continue reading →

Posted in Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , , , , , | Leave a comment

Housing Sales Higher, % Rates Plunging to Zero?

Posted on August 22, 2019 by Popular Economics Weekly

The Mortgage Corner Calculatedriskblog Total July existing-home sales, https://www.nar.realtor/existing-home-sales that include single-family homes, townhomes, condominiums and co-ops, rose 2.5 percent from June to a seasonally adjusted annual rate of 5.42 million in July, according to the National Association of Realtors … Continue reading →

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , | Leave a comment

Will Corporations Become More Responsible?

Posted on August 21, 2019 by Popular Economics Weekly

Popular Economics Weekly Tradingeconomics It is a sea change in economic thinking when corporate CEOs that belong to the Business Roundtable sign a Statement of Purpose to consider more than maximizing their profits, when maximizing corporate profits at the expense … Continue reading →

Posted in Economy, Politics, Weekly Financial News | Tagged , , , , | Leave a comment