Category Archives: Weekly Financial News

How Bad Is Our Trade Deficit?

Posted on March 7, 2018 by Popular Economics Weekly

Financial FAQs President Trump just announced a 25 percent tariff (tax) on imported steel, and 10 percent tariff on aluminum. Will this improve our 2017 $566 billion trade deficit? Can we lower our trade deficit with higher tariffs on such … Continue reading →

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The Dangerous Treasury Yield Curve

Posted on March 5, 2018 by Popular Economics Weekly

Popular Economics Weekly New Federal Reserve Chairman Jerome Powell has maintained that the Fed is on track to raise their short term interest rates at least 3 times this year. Why? It sees higher inflation down the road because of … Continue reading →

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Where Have All the Profits Gone?

Posted on March 2, 2018 by Popular Economics Weekly

Popular Economics Weekly I first wrote about the reasons for the huge stock selloff in early February when the DOW plunged more than 1,000 points in one day. It seems to be repeating itself this week, with the DOW losing … Continue reading →

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Lower Inventory = Fewer Home Sales

Posted on February 22, 2018 by Popular Economics Weekly

The Mortgage Corner WASHINGTON (February 21, 2018) — Existing-home sales slumped for the second consecutive month in January and experienced their largest decline on an annual basis in over three years, according to the National Association of Realtors. All major … Continue reading →

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New-Home Construction Soaring

Posted on February 17, 2018 by Popular Economics Weekly

Financial FAQs Construction of new homes in the U.S., known as housing starts, jumped almost 10 percent in January to an annual rate of 1.33 million. That’s the second highest level since the Great Recession and it easily exceeded the … Continue reading →

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2018 Housing Market To Stay Strong

Posted on February 13, 2018 by Popular Economics Weekly

The Mortgage Corner Total existing-home sales1, https://www.nar.realtor/existing-home-sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 1.1 percent in 2017 to a 5.51 million sales pace and surpassed 2016 (5.45 million) as the highest since 2006 … Continue reading →

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What is a Common Sense Stock Market?

Posted on February 7, 2018 by Popular Economics Weekly

Financial FAQs Pundits and stock traders seem to believe Friday and Monday’s stock “massacre” was caused by too-quick trigger fingers—in computers controlled by algorithms, not people. Whereas, investors and traders using their common sense would have seen the ‘yuge’ drop … Continue reading →

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Why the ‘Yuge’ Stock Market Selloff?

Posted on February 6, 2018 by Popular Economics Weekly

Popular Economics Weekly The quick answer is that too much money is chasing too few stocks, believe it or not. The record low interest rates—the 10-year treasury yield just dropped back to 2.75 percent from 2.85 percent before Friday’s selloff—is … Continue reading →

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Wages Rise in Unemployment Report!

Posted on February 2, 2018 by Popular Economics Weekly

Popular Economics Weekly The best news in January’s unemployment report was average hourly wages jumped 9 cents, to $26.74. It pushed the yearly increase to 2.9 percent from 2.6 percent, marking the highest level since the end of the Great … Continue reading →

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Q4 GDP Growth Misses 3 Percent

Posted on January 26, 2018 by Popular Economics Weekly

Popular Economics Weekly Consumers and businesses powered the economy to a 2.6 percent rate of gross domestic product growth in the final three months of 2017, according to the Commerce Department. But declining inventories and a wider trade deficit kept … Continue reading →

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