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Tag Archives: Fed Chairman Ben Bernanke
Juicing Employment Is Good
Financial FAQs The subject of juicing is in the air with Lance Armstrong’s confession that he and his cycling teammates injected various stimulants to win races. Yet he told Oprah on her show he didn’t think he was cheating. “Scary, … Continue reading
Better Growth and Jobs Ahead?
Popular Economics Weekly The U.S. economy is now growing faster than the rest of the advanced economies. And the Fed just announced it will discuss a possible expansion of the size of its third round of bond buying (QE3) and … Continue reading
Bernanke’s QE3 Challenge
Popular Economics Weekly Should we call him King Ben? Much like King Arthur, Fed Chairman Bernanke and his Roundtable of Fed Governors have taken on the confidence fairies, to use Paul Krugmans’s term, the austerity promoters who believe the only … Continue reading
Home Builder’s Confidence at High
The Mortgage Corner This is very big news. Builder confidence in the market for newly built, single-family homes rose for a fifth consecutive month in September to a level of 40 on the National Association of Home Builders/Wells Fargo Housing … Continue reading
Income Inequality Behind Most Poverty
Financial FAQs There were 46.2 million Americans in poverty in 2011, as median household income decreased to its lowest level since 2000, according to a Census Bureau report released this week that illustrated the toll from ongoing labor-market weakness. The … Continue reading
Why the Surprising Jobs Report?
Financial FAQs Why so much surprise in January’s employment report that added 243,000 payroll jobs and dropped the unemployment rate to 8.3 percent? The U.S. has now added an average of 183,000 jobs a month in the past five months, … Continue reading
Posted in Economy, Housing, Keynesian economics, Weekly Financial News
Tagged construction jobs, construction spending, consumer confidence, Fed Chairman Ben Bernanke, ISM manufacturing survey, ISM NON-manufacturing survey, private nonfarm payrolls, unemployment rate, unemployment report
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Can the Fed Rescue Real Estate?
The Mortgage Corner How can we thank Fed Chairman Ben Bernanke for keeping our economy afloat? Not only has the Fed kept interest rates low enough to prevent actual deflation, as happened to Japan over the past 20 years and … Continue reading
Let’s Put Americans Back to Work
Financial FAQs It’s becoming evident that rather than political gridlock, such as the congressional supercommittee’s obsession with spending cuts, we need to worry about economic growth and jobs. And there are some very good ideas on how to do that, … Continue reading
The Fed’s Paralysis—Who Will Do the Right Thing?
Popular Economics Weekly I actually agreed with Fed Chairman Bernanke in his latest Jackson Hole speech, when he said the Fed can’t grow the economy without some help. The weak growth of late has panicked markets, and Fed policy doesn’t … Continue reading