Tag Archives: finance

Fourth Quarter Growth Even Better

Posted on March 28, 2024 by Popular Economics Weekly

The Mortgage Corner Economic growth is picking up and the housing market is following suit, which means the post-pandemic recovery is looking even better this year. The final reading of Q4 2023 U.S. Gross Domestic Product growth adjusted for inflation … Continue reading →

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

Irrational Exuberance vs. Irrational Pessimism?

Posted on March 26, 2024 by Popular Economics Weekly

Popular Economics Weekly I don’t believe Wall Street investors are irrationally exuberant at present, contrary to those that say we are now in a stock market bubble with the record level S&P and DOW indexes. It’s as easy to be … Continue reading →

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

Too Much Irrational Exuberance?

Posted on March 23, 2024 by Popular Economics Weekly

Popular Economics Weekly Are Wall Street investors irrationality exuberant? Former Bond King and CEO of the PIMCO bond fund Bill Gross thinks so. Irrational exuberance is a term coined by former Fed Chairman Alan Greenspan in 1996 to describe the … Continue reading →

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

Strong Growth Will Continue

Posted on March 21, 2024 by Popular Economics Weekly

Financial FAQs There’s a good reason we have avoided a recession, I said last week. Consumers’ personal financial conditions have improved, so they continue to shop, and they are responsible for 70 percent of economic activity. Now the Conference Board’s … Continue reading →

Posted in Consumers, COVID-19, Economy, housing market, Keynesian economics, Weekly Financial News | Tagged , , , , | Leave a comment

Retail Inflation Is the Problem

Posted on March 14, 2024 by Popular Economics Weekly

Popular Economics Weekly There is a reason the Biden administration wants to prevent the merger of Kroger and Albertsons Supermarket chains. It lowers competition at a time when the largest retailers are now responsible for much of the inflation that … Continue reading →

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

Consumers Confident No Recession

Posted on March 11, 2024 by Popular Economics Weekly

Financial FAQs There is a good reason why we have avoided a recession. Consumers don’t believe it will happen. And consumers drive some 70 percent of US economic activity. So their attitudes tend to make or break economic growth. When … Continue reading →

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

It’s A Soft Landing

Posted on March 8, 2024 by Popular Economics Weekly

Popular Economics Weekly A terrific February employment report is further evidence the US economy has made a soft landing. FREDemployment Total nonfarm payroll employment rose by 275,000 in February, and the unemployment rate ticked up slightly to 3.9 percent from … Continue reading →

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

More Jobs Ahead?

Posted on March 6, 2024 by Popular Economics Weekly

Financial FAQs  The US economy hasn’t slowed. Fourth quarter Gross Domestic Product (GDP) growth was revised downward from 3.3 percent to 3.2 percent in the second estimate, and predictions for first quarter 2024 GDP growth are hovering between 2-3 percent. … Continue reading →

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

Inflation Is Going Nowhere

Posted on March 1, 2024 by Popular Economics Weekly

Popular Economics Weekly I said recently that the US economy has made a soft landing. Here is further proof with the release of the government’s Personal Consumption Expenditure Index (PCE) that measures consumer spending. Inflation has flattened and been stuck … Continue reading →

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

Higher Growth Ahead?

Posted on February 28, 2024 by Popular Economics Weekly

Financial FAQs The US economy hasn’t slowed. Fourth quarter Gross Domestic Product (GDP) growth was down slightly from 3.3 percent to 3.2 percent in the second estimate, but predictions for first quarter 2024 growth have increased. BEAgdp “The increase in … Continue reading →

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged , , , , | 1 Comment