Monthly Archives: October 2014

Government Spending Boosts Q3 GDP

Popular Economics Weekly WASHINGTON (MarketWatch) — The U.S. economy grew by a 3.5 percent annual rate in the third quarter, fueled by a surge in exports and the biggest jump in federal spending in five years, screamed one headline this … Continue reading

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Consumer Confidence Soaring, Case-Shiller Home Prices Unchanged

Popular Economics Weekly Why are stock prices rallying?  Maybe it’s because though housing price increases have slowed, consumer confidence is soaring for the holidays.  The prospect for future job and income growth looks good, in other words Home prices contracted … Continue reading

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NRA Uses Gun Violence to Maximize Profits

Financial FAQs How can we believe the National Rifle Association opposes gun violence when every mass murder committed with guns is answered by the NRA’s call to buy more weapons? There have been 3 mass killings by crazed gunmen just … Continue reading

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Pending and New-Home Sales Looking Up

The Mortgage Corner Sales of new single-family houses are barely budging from their recession lows. But pending home sales for September nudged up to the highest this year, which is a sign that record low interest rates are bringing buyers … Continue reading

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The Mystery of Money: Understanding the Modern Financial World

Harlan Green “Unpacks” the Money Metaphor–Book Review by Mark Whitehurst / CASA MAGAZINE Yelling “Show me the money!” usually only works in the movies, but Harlan Green’s down to earth book, The Mystery of Money: Understanding the Modern Financial World, … Continue reading

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California’s Fracking Controversy

Financial FAQs Santa Barbara voters have an upcoming ballot measure that bans all forms of enhanced drilling techniques, including steam injection and fracking, and it is getting national attention. Fracking supporters tout the huge boost in national oil and gas … Continue reading

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Existing-Home Sales Highest in Year

The Mortgage Corner The National Association of Realtors reports total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 2.4 percent to a seasonally adjusted annual rate of 5.17 million in September from 5.05 … Continue reading

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