Category Archives: Weekly Financial News

Who Can Still Afford to Buy a Home?

Posted on June 24, 2019 by Popular Economics Weekly

The Mortgage Corner MarketWatch That question of who can still afford to buy a home is up in the air, as we say, since home sales have been trending lower of late and there is still a housing shortage. MarketWatch’s … Continue reading →

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How to Provide More Housing For Everyone?

Posted on June 19, 2019 by Popular Economics Weekly

ANSWERING THE KENNEDYS’ CALL thelundreport.org I said in an earlier column “that part of the solution to the housing and homeless crisis has to be the responsibility of governments.” But the Silicon Valley giants Google, Apple, and Washington State’s Microsoft … Continue reading →

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Who Pays For the Tariff Wars?

Posted on June 17, 2019 by Popular Economics Weekly

Popular Economics Weekly It’s unfortunate that we have to keep returning to the most unpleasant of topics— higher taxes. But that’s what the White House is doing with their various Chinese, Mexican, and European tariffs. They seem to be waging … Continue reading →

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How Strong is 2019 Housing Market—Part II?

Posted on June 13, 2019 by Popular Economics Weekly

The Mortgage Corner FRED We asked just how strong is the housing market last month with rates beginning to fall again. Lawrence Yun, NAR’s chief economist, said he is not overly concerned about the trending drop in existing-home sales reported … Continue reading →

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May Employment Not looking So Good

Posted on June 7, 2019 by Popular Economics Weekly

Popular Economics Weekly MarketWatch Total nonfarm payroll employment edged up in May (+75,000), and the unemployment rate remained at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in professional and business services and … Continue reading →

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What Will Friday’s Unemployment Report Look Like?

Posted on June 6, 2019 by Popular Economics Weekly

Financial FAQs Econoday It may look better than the Associated Data Processing private payrolls report that precedes the BLS report, as have prior months’.  Private-sector employers hired just 27,000 people in May, a 7-year low, payroll processor ADP said Wednesday. … Continue reading →

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Professor Stiglitz’s Plea to Save Capitalism

Posted on June 4, 2019 by Popular Economics Weekly

Popular Economics Weekly MarketWatch Nobel laureate economist Joseph Stiglitz has been saying he wants to make capitalism work for everyone again in various writings, just as it did post-WWII, including this CNN commentary on the recent Earth Day. Is there … Continue reading →

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Economic Growth Continues For How Long?

Posted on May 30, 2019 by Popular Economics Weekly

Popular Economics Weekly BEA.gov Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the first quarter of 2019, according to the Bureau of Economic Analysis. It was “second” estimate released by the Bureau of Economic … Continue reading →

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Why No Inflation?

Posted on May 28, 2019 by Popular Economics Weekly

Financial FAQs I have been talking about the danger of too low inflation for some time.  This graph portrays the history of inflation since the 1970s, when the Arab oil embargo caused oil prices and inflation to soar to unacceptable … Continue reading →

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How Strong is This Year’s Housing Market?

Posted on May 22, 2019 by Popular Economics Weekly

The Mortgage Corner Econoday.com The NAR reported that Existing-home sales saw a minor decline in April, continuing March’s drop in sales, according to the National Association of Realtors®. Two of the four major U.S. regions saw a slight dip in … Continue reading →

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