Category Archives: Weekly Financial News

Why A return to Goldilocks Growth?

Posted on August 15, 2016 by Popular Economics Weekly

Financial FAQs We could be back in the ‘goldilocks’ economy that was talked about several years ago. Growth is not too hot or too cold as we near full employment with very little inflation. It means the U.S. economy isn’t … Continue reading →

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The Clinton Growth Presidency

Posted on August 9, 2016 by Popular Economics Weekly

Popular Economics Weekly It’s remarkable. Donald Trump chose Detroit to make his economic speech, where he accused the Clintons of causing Detroit’s employment problems with their trade policies. Is he kidding? The Detroit Big Three automakers didn’t lose jobs because … Continue reading →

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255,000 Jobs Added, Economy Still Growing

Posted on August 5, 2016 by Popular Economics Weekly

Financial FAQs Total nonfarm payroll employment rose by 255,000 in July, and the unemployment rate was unchanged at 4.9 percent, said the U.S. Bureau of Labor Statistics today. This confirms earlier reports from the manufacturing and service sectors that economic … Continue reading →

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GDP Growth Still Below Average

Posted on August 2, 2016 by Popular Economics Weekly

Popular Economics Weekly There is a reason second quarter Gross Domestic Product growth was so weak—up just 1.2 percent, after 0.9 and 0.8 percent upticks in the last 2 quarters. Pundits attributed it to the lack of capital expenditures, whereas … Continue reading →

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Home Sales, Consumer Confidence Still Rising

Posted on July 28, 2016 by Popular Economics Weekly

The Mortgage Corner Sales of newly built, single-family homes rose 3.5 percent in June from an upwardly revised May reading to a seasonally adjusted annual rate of 592,000 units, according to newly released data by the U.S. Department of Housing … Continue reading →

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Judge Tentatively Denies Dismissal of Trump RICO Charges

Posted on July 26, 2016 by Popular Economics Weekly

Financial FAQs It looks like Donald A Trump will be on trial under RICO, or The Racketeer Influenced and Corrupt Organizations Act. A federal judge strongly indicated last Friday he would allow a lawsuit to move forward against Republican presidential … Continue reading →

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The Real Economy Trumps Republicans’ Dark Ages

Posted on July 25, 2016 by Popular Economics Weekly

Popular Economics Weekly Marketwatch’s Jeff Bartash is just one economic journalist busting the Donald’s ‘Disstopian’ views (Maureen Dowd’s term, not mine). Our economy is doing incredibly well for most people, including the bottom of the economic ladder—whose incomes are being … Continue reading →

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Higher Housing Sales, Leading Indicators Mean More Growth

Posted on July 21, 2016 by Popular Economics Weekly

Financial FAQs Two more signs of improved economic growth came out today. Boosted by a greater share first-time buyer sales not seen in nearly four years, existing-home sales maintained their upward trajectory in June and increased for the fourth consecutive … Continue reading →

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A Record Year For Mortgages?

Posted on July 19, 2016 by Popular Economics Weekly

The Mortgage Corner First quarter mortgage numbers are in, and we could be having a very good year for mortgage originations, says Equifax, among others. According to Equifax’s report, the total dollar amount of first-mortgage originations during the first quarter … Continue reading →

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Retail Sales Augur Better Economic Growth Ahead

Posted on July 15, 2016 by Popular Economics Weekly

Popular Economics Weekly Many signs are pointing to better growth ahead, led by consumer, or retail spending. Ex-auto ex-gas offers a gauge on underlying trends in consumer spending, as non-store retailers popped a 1.1 percent surge in the month which … Continue reading →

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