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Categories
Meta
Tag Archives: euro zone
Bidenomics Is Working!
Financial FAQs Brad Delong Why are Republicans denigrating Biodenomics, the economic policies passed by a bipartisan congress since 2021 that is causing 3 percent GDP growth and 4.0 percent unemployment, with 8 million job vacancies looking for workers, and inflation back … Continue reading
COVID-19—WHO Wins?
Popular Economics Weekly https://twitter.com/jfkirkegaard Conquering the pandemic really means depending on the cooperation across borders of races and ethnicities that separate regions and countries. COVID-19 is winning the battle in those countries and states with the worst outbreaks that believe … Continue reading
Posted in Consumers, Economy, Politics, Uncategorized
Tagged COVID-19, euro zone, red states, WHO
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Housing Sales Higher, % Rates Plunging to Zero?
The Mortgage Corner Calculatedriskblog Total July existing-home sales, https://www.nar.realtor/existing-home-sales that include single-family homes, townhomes, condominiums and co-ops, rose 2.5 percent from June to a seasonally adjusted annual rate of 5.42 million in July, according to the National Association of Realtors … Continue reading
Strong May Employment, But Future Uncertain
Popular Economics Weekly Graph: Marketwatch The unemployment rate edged down to 3.8 percent in May, and the number of unemployed persons declined to 6.1 million, reported the Bureau of Labor Statistics this morning. Over the year, the unemployment rate was … Continue reading
Jobs Report—Not Yet Full Employment
Popular Economics Weekly The unemployment rate rose slightly to 5 percent for the first time since April, the government said Friday, though that was mainly because 444,000 people entered the labor force. There are still too many unemployed, in other … Continue reading
Posted in Consumers, Economy, Politics, Uncategorized, Weekly Financial News
Tagged EU, euro zone, Federal Reserve, interest rates, payroll jobs, unemployment, unemployment rate
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Why Brexit?
Financial FAQs Brexit, the British vote to exit the European Union, was precipitated by many factors, including Brit’s fear of loss of sovereignty due to the Schengen requirement that it open its borders to citizens of other EU countries. And … Continue reading
No More Inflation?
Popular Economics Weekly San Francisco Fed President John Williams has said something that most Central Bankers won’t say. He believes the current low inflation, low growth economy could continue indefinitely, if something isn’t done differently. He writes in the FRBSF’s … Continue reading
Why Record Low Mortgages Rates?
The Mortgage Corner Mortgage applications increased 7.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 8, 2016. It’s a result of mortgage rates dropping to … Continue reading
Posted in Consumers, Economy, Housing, housing market, Weekly Financial News
Tagged 30-year mortgage, brexit, euro zone, Fannie Mae, GDP growth, mortgage rates, New Deal, World War II
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Don’t Count On Inflation Moving Federal Reserve
Popular Economics Weekly The Federal Reserve didn’t raise interest rates today at the close of their FOMC meeting. In fact the 9-1 vote against raising rates wasn’t even close. So don’t count on inflation to save the day for the … Continue reading
Posted in Consumers, Economy, Politics, Weekly Financial News
Tagged austerity policies, CEO salaries, CPI, euro zone, Federal Reserve, inflation rate
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Greece’s Great Depression
Financial FAQs This may seem facetious some 6 years into recovery, but many policy makers don’t seem to understand the severity of the Great Recession, or its consequences. It is the major reason why Greece, and many other Eurozone countries … Continue reading