Category Archives: Weekly Financial News

Consumer Sentiment in the Dumps

Posted on April 9, 2020 by Popular Economics Weekly

Financial FAQs MarketWatch Consumer sentiment is plunging.  And why not? With an additional 6.6 million initial unemployment compensation claims this week, it brings the total in just the past three weeks to 16.8 million since the COVID-19 national lockdown of … Continue reading →

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

When Will it End?

Posted on April 7, 2020 by Popular Economics Weekly

Popular Economics Weekly COVID-19 Tracking Project/Calculated Risk When will the pandemic end and recovery begin, is the question asked of every expert and non-expert.  Foremost of the experts is former Federal Reserve Chairman Janet Yellen who in a recent CNBC … Continue reading →

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

U.S. Loses 701,000 Jobs in March

Posted on April 3, 2020 by Popular Economics Weekly

Financial FAQs MarketWatch Total nonfarm payroll employment fell by 701,000 in March, and the unemployment rate rose to 4.4 percent, the U.S. Bureau of Labor Statistics reported today. The changes in these measures reflect the effects of the coronavirus (COVID-19) … Continue reading →

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

Housing in the Time of COVID-19

Posted on April 2, 2020 by Popular Economics Weekly

The Mortgage Corner Wolf Street I reported in January that housing construction was slowly recovering, in part due to the extreme housing shortage and record low interest rates. Well, rates are even lower today, but purchase applications are now plunging … Continue reading →

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

Might We Have More Than One Pandemic?

Posted on April 1, 2020 by Popular Economics Weekly

Popular Economics Weekly Wrightson/ICAP Yes, says behavioral economist Robert Shiller, who won his Nobel prize for the study of human behavior in financial markets. Why? Financial market investors are panicking because of the COVID-19 pandemic, for starters, which could affect … Continue reading →

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

Housing Market Will Survive Coronavirus

Posted on March 24, 2020 by Popular Economics Weekly

The Mortgage Corner NAHB.org What happens to housing with the COVID-19 pandemic? It had been on the road to recovery with record low interest rates; so much so that single-family housing starts have been soaring since 2019 as more millennials … Continue reading →

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

Why Do We Need a (new) New Deal?

Posted on March 19, 2020 by Popular Economics Weekly

Financial FAQs Amazon COVID-19 has finally done it. The new bi-partisan legislation working through congress that apportions money to the people and businesses that really need it—working (salaried) folk and small businesses with less access to credit—tell us why we … Continue reading →

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

Has the Recession Begun?

Posted on March 17, 2020 by Popular Economics Weekly

Popular Economics Weekly Wikipedia It might not matter when the so-called infection curve begins to flatten, or the epidemic “washes away”, as President Trump has said. The economic damage has already been done, due in part to the lack of … Continue reading →

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

How Do We Fight COVID-19?

Posted on March 12, 2020 by Popular Economics Weekly

Popular Economics Weekly St.LouisFRED Economists are beginning to predict the worst due to the COVID-19 outbreak that has become a worldwide pandemic.  Former Fed Vice-Chairman Alan Blinder said recently on CNBC that a recession may have already begun this March; … Continue reading →

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

Nobelist Daniel Kahneman on Thinking, Fast and Slow

Posted on March 9, 2020 by Popular Economics Weekly

Financial FAQs Amazon Thinking, Fast and Slow; what else should Nobel Laureate Daniel Kahneman be noted for, the son of Lithuanian Jewish parents fleeing the Russian Empire in the 1920s who grew up  to the sound of marching black boots … Continue reading →

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