Tag Archives: interest rates

Why Another Gilded Age?

Posted on December 11, 2024 by Popular Economics Weekly

Financial FAQs “I remember ’29 very well … the drugged and happy faces of people who built paper fortunes on stocks they couldn’t possibly have paid for. … In our little town bank presidents and track workers rushed to pay … Continue reading →

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Job Market Still Booming

Posted on December 6, 2024 by Popular Economics Weekly

Popular Economics Weekly Total nonfarm payroll employment rose by 227,000 in November, and the unemployment rate changed little at 4.2 percent, the U.S. Bureau of Labor Statisticsreported today. Employment trended up in health care, leisure and hospitality, government, and social … Continue reading →

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Why the Inflation Problem?

Posted on November 23, 2024 by Popular Economics Weekly

Financial FAQs Most of us remember when a gallon of gas was less the $2, or a quart of milk less than $1, or housing was last affordable in the 1970s. I remember the inflation surges in housing. What happened? … Continue reading →

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Holiday Sales Booming

Posted on November 16, 2024 by Popular Economics Weekly

Popular Economics Weekly FREDretailsales The Commerce Department reported Retail trade sales were up 0.4 percent (±0.5 percent)* from September 2024, and up 2.6 percent (±0.5 percent) from last year. Nonstore retailers were up 7.0 percent (±1.4 percent) from last year, … Continue reading →

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Inflation Is Not the Problem

Posted on November 14, 2024 by Popular Economics Weekly

Financial FAQs Inflation is close to its long-term 2 percent range, so the Federal Reserve has accomplished its goal of stabilizing prices. Yet the election results show that rising prices since the COVID-19 pandemic most panicked voters; even more than … Continue reading →

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Who Will Drain the Swamp?

Posted on November 12, 2024 by Popular Economics Weekly

ANSWERING KENNEDY’S CALL “This is so bad. We have just gotten list of amendments to be included in bill NOT from our R colleagues, but from lobbyists downtown,” said Missouri Dem Senator Claire McCaskill. “None of us have seen this … Continue reading →

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Bidenomics Works–Part II

Posted on November 5, 2024 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk September’s unemployment rate remained at 4.1 percent but reported just 12,000 new payroll jobs due to the hurricanes and Boeing aircraft strike of 30,000 machinists. Total nonfarm payroll employment was essentially unchanged in October (+12,000), … Continue reading →

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Another ‘Roaring Twenties’?

Posted on October 30, 2024 by Popular Economics Weekly

Financial FAQs BEA.gov The advance estimate of BEA third quarter U.S. economic growth was 2.8 percent, slightly less than the 3 percent growth in Q2 but is showing few signs the post-pandemic recovery has slowed. It has defied the odds … Continue reading →

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Bidenomics Is Working!

Posted on October 18, 2024 by Popular Economics Weekly

Financial FAQs Brad Delong Why are Republicans denigrating Biodenomics, the economic policies passed by a bipartisan congress since 2021 that is causing 3 percent GDP growth and 4.0 percent unemployment, with 8 million job vacancies looking for workers, and inflation back … Continue reading →

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Housing Market In Recovery

Posted on October 16, 2024 by Popular Economics Weekly

The Mortgage Corner The National Association of Realtor’s Chief Economist, Lawrence Yun, commented on the latest and possibly best unemployment report of 2024. We are at the beginning of the next housing recovery. It’s no secret why; interest rates are … Continue reading →

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