Tag Archives: Great Recession

When Will Consumers Recover?

Posted on April 29, 2020 by Popular Economics Weekly

Popular Economics Weekly BEA.gov The key to a robust recovery will depend on how American consumers react to the novel coronavirus pandemic and business shutdown. We were slipping into a recession, anyway. COVID-19 just sped up the inevitable results of … Continue reading →

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Consumer Sentiment in the Dumps

Posted on April 9, 2020 by Popular Economics Weekly

Financial FAQs MarketWatch Consumer sentiment is plunging.  And why not? With an additional 6.6 million initial unemployment compensation claims this week, it brings the total in just the past three weeks to 16.8 million since the COVID-19 national lockdown of … Continue reading →

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When Will it End?

Posted on April 7, 2020 by Popular Economics Weekly

Popular Economics Weekly COVID-19 Tracking Project/Calculated Risk When will the pandemic end and recovery begin, is the question asked of every expert and non-expert.  Foremost of the experts is former Federal Reserve Chairman Janet Yellen who in a recent CNBC … Continue reading →

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Might We Have More Than One Pandemic?

Posted on April 1, 2020 by Popular Economics Weekly

Popular Economics Weekly Wrightson/ICAP Yes, says behavioral economist Robert Shiller, who won his Nobel prize for the study of human behavior in financial markets. Why? Financial market investors are panicking because of the COVID-19 pandemic, for starters, which could affect … Continue reading →

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Why Do We Need a (new) New Deal?

Posted on March 19, 2020 by Popular Economics Weekly

Financial FAQs Amazon COVID-19 has finally done it. The new bi-partisan legislation working through congress that apportions money to the people and businesses that really need it—working (salaried) folk and small businesses with less access to credit—tell us why we … Continue reading →

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Has the Recession Begun?

Posted on March 17, 2020 by Popular Economics Weekly

Popular Economics Weekly Wikipedia It might not matter when the so-called infection curve begins to flatten, or the epidemic “washes away”, as President Trump has said. The economic damage has already been done, due in part to the lack of … Continue reading →

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How Do We Fight COVID-19?

Posted on March 12, 2020 by Popular Economics Weekly

Popular Economics Weekly St.LouisFRED Economists are beginning to predict the worst due to the COVID-19 outbreak that has become a worldwide pandemic.  Former Fed Vice-Chairman Alan Blinder said recently on CNBC that a recession may have already begun this March; … Continue reading →

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Nobelist Daniel Kahneman on Thinking, Fast and Slow

Posted on March 9, 2020 by Popular Economics Weekly

Financial FAQs Amazon Thinking, Fast and Slow; what else should Nobel Laureate Daniel Kahneman be noted for, the son of Lithuanian Jewish parents fleeing the Russian Empire in the 1920s who grew up  to the sound of marching black boots … Continue reading →

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No Job Losses Due to Coronavirus—Yet

Posted on March 7, 2020 by Popular Economics Weekly

Popular Economics Weekly MarketWatch The Labor Department’s February employment survey took place in the middle of February, before the coronavirus began its worldwide spread. So we will have to wait for March employment figures to know its impact on employment, … Continue reading →

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The Wages of Fear in a Recession—Part II

Posted on March 2, 2020 by Popular Economics Weekly

Financial FAQs FRED Is the U.S. economy already in recession? How can it be with more than 80 percent of the adult workforce employed? But that isn’t how recessions actually begin, as portrayed in the above St. Louis Fed unemployment … Continue reading →

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