Category Archives: Weekly Financial News

Inflation Is Bringing Back Higher Growth!

Popular Economics Weekly Consumer prices are on the rise and the Fed’s December rate hike doesn’t look misplaced at all, says Econoday. Year-on-year core prices (without food and energy prices) rose 1 tenth to plus 2.2 percent for the highest … Continue reading

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How Extreme is Bernie’s Economic Vision?

Popular Economics Weekly Major progressive economists are protesting Bernie Sanders predictions of robust economic growth and jobs if his policies are enacted. What are his policies? Policies he claims will give Americans what the other developed countries already offer to … Continue reading

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2016 Housing Update

The Mortgage Corner What should happen to U.S. housing in 2016, with interest rates at record lows and a healthy job market? Much will depend on population growth, and in particular the newest largest generation of all—the millennials, or Gen … Continue reading

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The Candidates Economic Promises Versus Pronouncements

Financial FAQs Who should we believe of the leading candidates remaining in the Presidential primaries that last through June? Bernie says he will tax the wealthiest enough to pay for his programs, such as free public college tuition and universal … Continue reading

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Job Openings and Hires At Record Levels

Popular Economics Weekly Job openings rose 5 percent to 5.6 million in December, the Labor Department said Tuesday. So why are the financial markets worrying about a looming recession? That reading was the second-highest ever recorded, behind only July 2015, … Continue reading

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Why Are Mortgage Rates At Historical Lows?

The Mortgage Corner Mortgage rates continued to tumble over the past week as investors fled to the safety of government bonds, pushing Treasury yields down, mortgage provider Freddie Mac said Thursday. This is no surprise given the geopolitical uncertainties buffeting … Continue reading

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Iowa and the Stand For Nothing Party

Popular Economics Weekly Can the Republican Party survive the Iowa and New Hampshire primaries and either Donald Trump or Senator Cruz winning? Can the Grand Old Party survive and thrive on a platform that opposes every relevant issue today — … Continue reading

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Why Slower Fourth Quarter Growth?

Popular Economics Weekly Gross domestic product — the value of everything a nation produces — expanded at a 0.7 percent annual rate from October to December. That’s a big markdown from 2 percent growth in the fall and 3.9 percent … Continue reading

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Higher Employment = More New Homes

The Mortgage Corner Twenty Five states had lower unemployment, reports the Bureau of Labor Statistics, as the economic recovery continues. That is probably why consumers continue to be optimistic and housing prices continue to soar—as high as 11 percent in … Continue reading

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Davos Conference Highlights Why There’s Slower Growth

Financial FAQs It’s time for the World Economic Forum, and this year more than 40 heads of state and 2,500 other participants are unlikely to run short of topics to discuss. “Meeting against a backdrop of market jitters, heightened geopolitical … Continue reading

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