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Tag Archives: consumer spending
Another Civil War?
Popular Economics Weekly “The President of the United States is threatening to go to war with an American city. This is not a joke. This is not normal. Donald Trump isn’t a strongman, he’s a scared man. Illinois won’t be … Continue reading
The Job Losses Begin
Popular Economics Weekly “Trump’s arbitrary, capricious, and mercurial decisions about tariffs and everything else that affects the economy have made it impossible for employers to make even modest predictions about the future. So they won’t hire.” Robert Reich, Former U.S. … Continue reading
Posted in Consumers, COVID-19, Politics, Weekly Financial News
Tagged consumer spending, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, Politics, Trump
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This Inflation Isn’t Temporary–Part II
Popular Economics Weekly From the same month one year ago, the PCE price index for July increased 2.6 percent. Excluding food and energy, the PCE price index increased 2.9 percent from one year ago. BLS.gov BLS.gov The PCE price index is one … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, economics, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, investing, personal consumption expenditures, tafiffs, unemployment report, unemployment report. unemployment report
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It’s Taxation Without Representation
Financial FAQs “Oh, and as for all these tariffs: Whatever you think of them (and I am not a blanket opponent), they are taxes. They are sales taxes. Where in my copy of the United States Constitution does it say … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, Economy, GDP growth, gilded age, inflation, interest rates, tariffs
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This Inflation isn’t Temporary
Popular Economics Weekly The Producer Price Index for final demand rose 0.9 percent in July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices were unchanged in June and moved up 0.4 percent in May. BLS.gov … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, economics, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, investing, Politics
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Who Benefits From America’s IOUs?
Financial FAQs WASHINGTON (AP) — The U.S. government’s gross national debt has surpassed $37 trillion, a record number that highlights the accelerating debt on America’s balance sheet and increased cost pressures on taxpayers. AP FREDdebtGDP Trump and his Republicans’ trade war and … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, consumer spending, Economy, Federal Reserve, finance, GDP growth, Great Recession, inflation, interest rates, Politics, tariffs, Trump
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Trade Wars = Stagflation
Popular Economics Weekly “The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis in July, after rising 0.3 percent in June, the U.S. Bureau of Labor Statistics reported today. Over the last 12 … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, consumer spending, Economy, Federal Reserve, GDP growth, inflation, Politics, tariffs, Trump
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Irrational Exuberance is Back
Financial FAQs “How errors of human judgment can infect even the smartest people, thanks to overconfidence, lack of attention to details, and excessive trust in the judgments of others, stemming from a failure to understand that others are not making … Continue reading
What is Q3 Growth To Be?
Popular Economics Weekly “The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2025 is 2.5 percent on August 5, up from 2.1 percent on August 1. GDPNow AtlantaFedGDPNow Predictions for third quarter GDP economic … Continue reading
The Return of Stagflation
The Mortgage Corner “From the same month one year ago, the PCE price index for June increased 2.6 percent. Excluding food and energy, the PCE price index increased 2.8 percent from one year ago.” BEA.gov FREDpceinflation President Trump hasn’t succeeded in convincing … Continue reading
Posted in Consumers, COVID-19, Economy, Housing, Politics, Weekly Financial News
Tagged consumer spending, economics, Economy, Federal Reserve, finance, GDP growth, Great Recession, inflation, interest rates
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