Category Archives: Weekly Financial News

Candidate Bernie Is Candidate Obama

Posted on January 25, 2016 by Popular Economics Weekly

Popular Economics Weekly What I learned from last Sunday’s Charleston, South Carolina Democratic debate, the last debate before the Iowa and New Hampshire primaries, is that Bernie Sanders the idealist, is almost a reincarnation of candidate Barack Obama in 2008 … Continue reading →

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High Builder Confidence Signals More Affordable Housing In 2016

Posted on January 20, 2016 by Popular Economics Weekly

The Mortgage Corner Builder confidence in the market for newly-built single-family homes held steady at 60 in January from a downwardly revised December reading of 60 on the National Association of Home Builders/Wells Fargo Housing Market Index. Any number above … Continue reading →

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Why Has It Taken So Long?

Posted on January 13, 2016 by Popular Economics Weekly

Financial FAQs The latest Federal Reserve press releases—firstly, the minutes of last FOMC meeting, and also its reduced projections of expected inflation—tell us the Fed is still in austerity mode due to a fear of non-existent inflation. And it is … Continue reading →

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Housing Creating More Jobs In 2016

Posted on January 11, 2016 by Popular Economics Weekly

The Mortgage Corner We see housing in 2016 continuing to grow the economy. This is mainly because new-home construction should surpass 1 million units again this year, and it is new-home construction (and sales), rather than existing-home sales that adds … Continue reading →

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Still Not Enough Jobs!

Posted on January 9, 2016 by Popular Economics Weekly

Popular Economics Weekly The economy produced 292,000 jobs in the final month of 2015, the Labor Department said Friday. Pundits had predicted a 200,000 plus increase in nonfarm jobs. And because job creation exceeded their predictions, those pundits and some … Continue reading →

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Why Does Bernie Love Denmark?

Posted on January 6, 2016 by Popular Economics Weekly

Popular Economics Weekly Presidential candidate Bernie Sanders is breathing fire on the campaign trail these days, including his most recent campaign speech that advocated the breakup of too-big-to fail banks. “We will no longer tolerate an economy and a political … Continue reading →

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Our Too Deflationary Times!

Posted on January 2, 2016 by Popular Economics Weekly

Popular Economics Weekly The answer to the inflation conundrum may be at hand, the conundrum that has kept the Fed pushing down interest rates since the Great Recession and recovery. Why aren’t prices rising with all the QE stimulus programs … Continue reading →

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What Happens in 2016?

Posted on December 25, 2015 by Popular Economics Weekly

Popular Economics Weekly Even with interest rates rising, we see 2.5 percent plus GDP growth in 2016, because of strong employment and consumer spending. An early sign of this this trend is the Conference Board’s Index of Leading Economic Indicators … Continue reading →

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Can Economy Grow With Higher Interest Rates?

Posted on December 20, 2015 by Popular Economics Weekly

Financial FAQs The Federal Reserve’s Open Market Committee announced it is raising short term interest rates by ¼ percent. But can this economy continue to grow with higher interest rates, as Fed Chairwoman Yellen has promised? That depends on several … Continue reading →

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Housing Starts Surge, Millennials Are Buying

Posted on December 16, 2015 by Popular Economics Weekly

The Mortgage Corner The Federal Reserve’s Open Market Committee has just announced it is raising short term interest rates by ¼ percent. Its press release said: “Given the economic outlook, and recognizing the time it takes for policy actions to … Continue reading →

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