Category Archives: Weekly Financial News

What If No Brexit Deal?

Posted on February 20, 2019 by Popular Economics Weekly

Popular Economics Weekly Equalitytrust.org We know why the UK voted to exit the EU—UK working class anger at not gaining many of the benefits from joining the EU, while experiencing its downside with the influx of eastern EU citizens that … Continue reading →

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More Job Creation Coming

Posted on February 14, 2019 by Popular Economics Weekly

Popular Economics Weekly Wrightson-ICAP The number of job openings reached a series high of 7.3 million on the last business day of December, the U.S. Bureau of Labor Statistics reported yesterday. Over the month, hires and separations were little changed … Continue reading →

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What is Driving Household Formation and Home Sales?

Posted on February 7, 2019 by Popular Economics Weekly

The Mortgage Corner SF Federal Reserve The growth in household formation, the major determinate of home ownership, is slowly returning to pre-housing bubble levels, according to a 2016 report by the San Francisco Fed’s economic research dept. This is a … Continue reading →

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Can U.S. Economy Weather Trade Wars?

Posted on February 5, 2019 by Popular Economics Weekly

Financial FAQs Econoday.com Why is manufacturing doing so well in the face of rising tariffs—in January when mid-winter business activity tends to slow? Consumers flush with cash from rising wages and full employment are powering higher domestic demand. Exports, on … Continue reading →

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Very Strong January Employment

Posted on February 1, 2019 by Popular Economics Weekly

Popular Economics Weekly MarketWatch.com Total nonfarm payroll employment increased by 304,000 in January, and the unemployment rate edged up to 4.0 percent, the Bureau of Labor Statistics reported today. Job gains occurred in several industries, including leisure and hospitality, construction, … Continue reading →

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Best Wage and Benefit Rise in 11 Years

Posted on January 31, 2019 by Popular Economics Weekly

Financial FAQs MarketWatch.com Workers’ wages and benefits are finally rising at a decent clip from being fully employed, said the Labor Department. Total compensation, including health and pension benefits, rose in 2018 2.9 percent, up from 2.8 percent in 2017. … Continue reading →

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It’s the Consumer, Stupid

Posted on January 29, 2019 by Popular Economics Weekly

Answering the Kennedys Call—Part II New York Times’ economic writer Neil Irwin in a recent Op-ed is not seeing a very robust future for global economic growth. “…what the last few months have made clear is that the forces that … Continue reading →

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What is a Living Wage?

Posted on January 28, 2019 by Popular Economics Weekly

Answering the Kennedys Call The Washington Post published a recent interview with new Democratic House Member Alexandria Octavia-Cortez in which she said, “I think it’s wrong that a vast majority of the country doesn’t make a living wage, I think … Continue reading →

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What Happened to Consumers’ Confidence?

Posted on January 24, 2019 by Popular Economics Weekly

Financial FAQs http://www.sca.isr.umich.edu/ Consumer sentiment declined in early January to its lowest level since Trump was elected, reported the December U. of Michigan sentiment survey. It’s down for a number of reasons—too many reasons, and economists are consequently beginning to … Continue reading →

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What’s Behind Brexit and the Politics of Fiscal Austerity?

Posted on January 22, 2019 by Popular Economics Weekly

Popular Economics Weekly https://www.washingtonpost.com The case can now be made that Briton’s vote to leave the EU was because of wrong-headed fiscal policies in the aftermath of the Great Recession. The housing bubble affected Europeans almost as much as Americans … Continue reading →

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