Tag Archives: business

Much Less Pessimism

Posted on January 23, 2024 by Popular Economics Weekly

Financial FAQs Is the Irrational Pessimism I’ve been writing about finally turning into a more rational optimism that reflects how consumers see the current economy? The two major measures of consumer confidence—the Conference Board’s Confidence Index and University of Michigan’s … Continue reading →

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No Recession At All?

Posted on January 17, 2024 by Popular Economics Weekly

Popular Economics Weekly Ho hum, another good economic number. December retail sales are telling us why we have avoided a recession this year. It’s because consumers have increased rather than reduced their spending ways. Sales at retailers jumped +0.6 percent … Continue reading →

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Consumers Much Happier This Season

Posted on December 20, 2023 by Popular Economics Weekly

Financial FAQs Consumer confidence in December as measured by the Conference Board’s Consumer Confidence Index is rising again; it jumped 10 points to 110.7 from 101. Why should that be, with all the doom and gloom and geopolitical uncertainty bombarding … Continue reading →

Posted in Consumers, COVID-19, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , | Leave a comment

Higher Productivity Lowers Inflation

Posted on December 7, 2023 by Popular Economics Weekly

Financial FAQs Why has the Fed got it so wrong with inflation, even though the inflation rate has been falling steadily for more than a year? Paul Krugman in a recent NYTimes Op-ed said the personal consumption expenditure deflator (PCE) … Continue reading →

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