Monthly Archives: January 2016

Why Slower Fourth Quarter Growth?

Popular Economics Weekly Gross domestic product — the value of everything a nation produces — expanded at a 0.7 percent annual rate from October to December. That’s a big markdown from 2 percent growth in the fall and 3.9 percent … Continue reading

Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , , | Leave a comment

Higher Employment = More New Homes

The Mortgage Corner Twenty Five states had lower unemployment, reports the Bureau of Labor Statistics, as the economic recovery continues. That is probably why consumers continue to be optimistic and housing prices continue to soar—as high as 11 percent in … Continue reading

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

Davos Conference Highlights Why There’s Slower Growth

Financial FAQs It’s time for the World Economic Forum, and this year more than 40 heads of state and 2,500 other participants are unlikely to run short of topics to discuss. “Meeting against a backdrop of market jitters, heightened geopolitical … Continue reading

Posted in Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

Candidate Bernie Is Candidate Obama

Popular Economics Weekly What I learned from last Sunday’s Charleston, South Carolina Democratic debate, the last debate before the Iowa and New Hampshire primaries, is that Bernie Sanders the idealist, is almost a reincarnation of candidate Barack Obama in 2008 … Continue reading

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

High Builder Confidence Signals More Affordable Housing In 2016

The Mortgage Corner Builder confidence in the market for newly-built single-family homes held steady at 60 in January from a downwardly revised December reading of 60 on the National Association of Home Builders/Wells Fargo Housing Market Index. Any number above … Continue reading

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

Why Has It Taken So Long?

Financial FAQs The latest Federal Reserve press releases—firstly, the minutes of last FOMC meeting, and also its reduced projections of expected inflation—tell us the Fed is still in austerity mode due to a fear of non-existent inflation. And it is … Continue reading

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

Housing Creating More Jobs In 2016

The Mortgage Corner We see housing in 2016 continuing to grow the economy. This is mainly because new-home construction should surpass 1 million units again this year, and it is new-home construction (and sales), rather than existing-home sales that adds … Continue reading

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

Still Not Enough Jobs!

Popular Economics Weekly The economy produced 292,000 jobs in the final month of 2015, the Labor Department said Friday. Pundits had predicted a 200,000 plus increase in nonfarm jobs. And because job creation exceeded their predictions, those pundits and some … Continue reading

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

Why Does Bernie Love Denmark?

Popular Economics Weekly Presidential candidate Bernie Sanders is breathing fire on the campaign trail these days, including his most recent campaign speech that advocated the breakup of too-big-to fail banks. “We will no longer tolerate an economy and a political … Continue reading

Posted in Consumers, Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , , , , , | Leave a comment

Our Too Deflationary Times!

Popular Economics Weekly The answer to the inflation conundrum may be at hand, the conundrum that has kept the Fed pushing down interest rates since the Great Recession and recovery. Why aren’t prices rising with all the QE stimulus programs … Continue reading

Posted in Consumers, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , , , , | Leave a comment