Category Archives: Weekly Financial News

Why Still A Housing Shortage?

The Mortgage Corner Graph: Econoday A recent survey of California’s housing market reaffirmed the well-known fact that California has an affordability problem. The median home price is now $544,900, up 80 percent from 2011—though that’s a deceptive comparison because mostly … Continue reading

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Record Income Inequality = U.S. Credit Downgrade?

Financial FAQs Graph: MarketWatch The current debate whether the U.S. will escape the ‘new normal’ of slower economic growth since the Great Recession (when homeowners lost a collective $9 trillion in value) is taking a new turn with Moody’s Investor … Continue reading

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What Is ‘New Normal’ U.S. Growth?

Popular Economics Weekly Graph: Seeking Alpha/BLS There is a current debate whether the U.S. will escape the ‘new normal’ of slower economic growth since the Great Recession, when American households lost a collective $9 trillion in value and consumers cut … Continue reading

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A Weak Jobs Report?

Popular Economics Weekly Graph: MarketWatch “The unemployment rate declined to 3.7 percent in September, and total nonfarm payroll employment increased by 134,000, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, in health … Continue reading

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Strong Employment Report Due Tomorrow?

Financial FAQs Graph: Econoday ADP, or Automatic Data Processing, predicts 230,000 private payroll jobs could be created in September per tomorrow’s U.S. unemployment report. The reason is both the manufacturing and non-manufacturing (service) sectors reported strong hiring in their ISM … Continue reading

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Housing Supply Still Too Low

The Mortgage Corner Graph: Econoday Most of the construction activity is in the commercial sector, at the moment, though sales of newly-constructed homes rose 3.5 percent compared to July. The pace of new-home sales in August was 12.7 percent higher … Continue reading

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How Severe Will Be The Next Recession?

Financial FAQs Graph: TradingEconomics.com Why are we discussing the possibility of a severe recession when GDP growth is expected to average 3 percent this year, the highest annual average growth rate in several years? Because there is too much federal … Continue reading

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Was There Ever A Soft Landing?

Popular Economics Weekly Graph: MarketWatch/R Shiller “The Federal Reserve has a chance to do something no U.S. central bank has done before, if it can slow the economy and raise the unemployment rate without pushing the economy into recession,” said … Continue reading

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Corporate Governance Reform—Women Make A Difference

ANSWERING THE KENNEDYS CALL NYTimes.com California State Senator Hannah-Beth Jackson’s upcoming Senate Bill SB826 on reforming corporate governance will make corporations more responsive to the needs of the societies in which they operate by requiring more women to serve on … Continue reading

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Homeowners Preserve Rising Home Equity

The Mortgage Corner Graph: MarketWatch/Black Knight American homeowners have amassed a record $6 trillion in equity in their properties, according to a study by real estate data firm Black Knight, a figure boosted by surging home prices and a trend … Continue reading

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