Tag Archives: investing

This Inflation isn’t Temporary

Popular Economics Weekly The Producer Price Index for final demand rose 0.9 percent in July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices were unchanged in June and moved up 0.4 percent in May. BLS.gov … Continue reading

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

Irrational Exuberance is Back

Financial FAQs “How errors of human judgment can infect even the smartest people, thanks to overconfidence, lack of attention to details, and excessive trust in the judgments of others, stemming from a failure to understand that others are not making … Continue reading

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

Second Quarter Growth Estimates Decline

Popular Economics Weekly “The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 2.4 percent on July 18, unchanged from July 17 after rounding. After this morning’s housing starts release from the US … Continue reading

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

Worried Consumers Shop Less

Popular Economics Weekly “Disposable personal income (DPI)—personal income less personal current taxes—decreased $125.0 billion (0.6 percent) and personal consumption expenditures (PCE) decreased $29.3 billion (0.1 percent).” BEA.GOV We are seeing one of the classic signs of a looming recession—consumers are … Continue reading

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

U.S. Already in Recession?

Financial FAQs The Conference Board Leading Economic Index® (LEI) for the US ticked down by 0.1% in May 2025 to 99.0 (2016=100), after declining by 1.4% in April (revised downward from –1.0% originally reported). The LEI has fallen by 2.7% in … Continue reading

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

No More Inflation?

Financial FAQs The Fed is no longer worrying about inflation, since its preferred inflation gauge, the Personal Consumption Expenditure Index (PCE), recently dropped to a 2.2% inflation rate, close to the 2.0% target rate. Fed Chairman Powell said recently the … Continue reading

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

Our Housing Problem

The Mortgage Corner We know we have a housing shortage, but not how to fix it. Politicos are finally beginning to take notice because of the damage that has been done—especially to working Americans who can no longer afford a … Continue reading

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

Inflation Still in Decline

Popular Economics Weekly The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, the same increase as in July, the U.S. Bureau of Labor Statistics. Over the last 12 months, the all items … Continue reading

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

Too Much Irrational Exuberance?

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

Consumers Want More Stability

The Mortgage Corner More consumers, and most Americans, are deciding they want calm after the instability of the Pandemic era. They are craving fewer economic disruptions for starters, such as the partisan wars that have stymied budget negotiations. “Nearly three-quarters … Continue reading

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