Tag Archives: Federal Reserve

Higher Interest Rates Ahead?

Posted on November 14, 2018 by Popular Economics Weekly

Popular Economics Weekly Econoday.com The benchmark 10-year Treasury Bond Yield that determines mortgage and other long term rates ended at 3.13 percent today from 3.11 percent last week with the continued stock market selloff. It was as high as 3.22 … Continue reading →

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

U.S. Wages At 9-Year High

Posted on November 2, 2018 by Popular Economics Weekly

Popular Economics Weekly MarketWatch.com Total nonfarm payroll employment rose by 250,000 in October, and the unemployment rate was unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, in manufacturing, in construction, … Continue reading →

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

The Budget Buster-In-Chief Wants to Scare US

Posted on November 1, 2018 by Popular Economics Weekly

The Mortgage Corner Federal Budget The Treasury is on track to issue $1.34 trillion in new debt this year, more than double the amount in 2017. The Trump tax cuts and higher government spending are leading to higher borrowing needs, … Continue reading →

Posted in Consumers, Economy, Politics, Uncategorized | Tagged , , , , , | Leave a comment

Strong Employment Report Due Tomorrow?

Posted on October 4, 2018 by Popular Economics Weekly

Financial FAQs Graph: Econoday ADP, or Automatic Data Processing, predicts 230,000 private payroll jobs could be created in September per tomorrow’s U.S. unemployment report. The reason is both the manufacturing and non-manufacturing (service) sectors reported strong hiring in their ISM … Continue reading →

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

Housing Supply Still Too Low

Posted on October 1, 2018 by Popular Economics Weekly

The Mortgage Corner Graph: Econoday Most of the construction activity is in the commercial sector, at the moment, though sales of newly-constructed homes rose 3.5 percent compared to July. The pace of new-home sales in August was 12.7 percent higher … Continue reading →

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

How Severe Will Be The Next Recession?

Posted on September 27, 2018 by Popular Economics Weekly

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

Was There Ever A Soft Landing?

Posted on September 25, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: MarketWatch/R Shiller “The Federal Reserve has a chance to do something no U.S. central bank has done before, if it can slow the economy and raise the unemployment rate without pushing the economy into recession,” said … Continue reading →

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

What Do Slowing Retail Sales Mean?

Posted on September 17, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: Econoday Retail sales are slowing this fall, yet consumers’ confidence is at an all-time high. Why are consumers buying less and saving more this season? It could be higher interest rates, as the Fed has raised … Continue reading →

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

Consumers ‘Another Day Older and Deeper in Debt…”

Posted on July 11, 2018 by Popular Economics Weekly

Popular Economics Weekly “Ya load sixteen tons, whaddya get, another day older and deeper in debt…”, the famous folksong sung by Burl Ives and Tennessee Ernie Ford describes today’s consumers who are still spending huge amounts of borrowed money at … Continue reading →

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

Boom Times Here with Rising Retail Sales, Inflation

Posted on June 14, 2018 by Popular Economics Weekly

The Mortgage Corner Retail sales jumped 0.8 percent in May which easily tops economists’ estimates. And the results include an upward revision to April which now stands at a 0.4 percent gain, according to Econoday. It is in part due … Continue reading →

Posted in Consumers, Keynesian economics, Weekly Financial News | Tagged , , , | Leave a comment