Tag Archives: federal budget

Whose Inflation Is It?

Financial FAQs “Still, despite multiple offsetting drivers, the tariff shock is further dimming already lackluster growth prospects. We expect a slowdown in the second half of this year, with only a partial recovery in 2026, and, compared to last October’s … Continue reading

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

A Different Federal Reserve

Financial FAQs “Warsh would chart a new course that de-emphasizes the inflationary impact of factors such as supply chains and tariffs in favor of a views of inflation driven by government spending and the money supply.” Barron’s Graph: Last Tech … Continue reading

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

Republicans Have Never Paid Their Bills

Financial FAQs “The new law will reduce federal revenues by significant amounts, even after allowing for the impact on economic growth. It will make the distribution of after-tax income more unequal. If it is not financed with concurrent spending cuts … Continue reading

Posted in Consumers, COVID-19, Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , , , , , , , | Leave a comment

Trump’s Big Beautiful Bill?

Answering Kennedy’s Call “The House has now passed what must surely be the worst piece of legislation in modern U.S. history. Millions of Americans are about to see crucial government support snatched away. A significant number will die prematurely due … Continue reading

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

Republicans Don’t Pay Their Bills

Financial FAQs “The new law will reduce federal revenues by significant amounts, even after allowing for the impact on economic growth. It will make the distribution of after-tax income more unequal. If it is not financed with concurrent spending cuts … Continue reading

Posted in Consumers, COVID-19, Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , , , , , | Leave a comment

What Happens to 1% with Demo’s Blue Wave?

The Mortgage Corner   Washington Post Now that the Democrats will be taking back the US House of Representatives in January, can they enact programs that improve the record income inequality in America? American citizens have the least equal incomes … Continue reading

Posted in Uncategorized | Tagged , , , , , | Leave a comment

How Severe Will Be The Next Recession?

Financial FAQs Graph: TradingEconomics.com Why are we discussing the possibility of a severe recession when GDP growth is expected to average 3 percent this year, the highest annual average growth rate in several years? Because there is too much federal … Continue reading

Posted in Economy, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

New-Home Sales, Consumer Confidence Booming

The Mortgage Corner Graph: Econoday In spite of rising mortgage rates, new-home sales are booming and consumer confidence is at multi-year highs. March new-home sales rose 4.0 percent annualized to 694,000 and is just off the expansion high of 711,000 … Continue reading

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

A Gangbusters February Employment Report

Popular Economics Weekly The U.S. added 313,000 new jobs in February, the biggest gain in a year and a half and clear evidence that a strong economy has plenty of room to keep expanding, said Marketwatch. The unemployment rate of … Continue reading

Posted in Consumers, Economy, Macro Economics, Weekly Financial News | Tagged , , , , | Leave a comment

Rising Existing-Home Sales Not Enough

The Mortgage Corner WASHINGTON (October 20, 2017) — After three straight monthly declines, existing-home sales slightly reversed course in September, but ongoing supply shortages and recent hurricanes muted overall activity and caused sales to fall back on an annual basis, … Continue reading

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