Monthly Archives: February 2016

Higher GDP, Consumer Spending Will Boost 2016 Growth

Financial FAQs Q4 GDP growth was just revised upward to 1.0 percent, from the 0.7 percent first estimate.  This, January’s personal income figures and durable goods orders show consumers and even parts of the manufacturing sector are still expanding, which … Continue reading

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Why Did Michael Moore Invade Those Countries?

Popular Economics Weekly The answer is so simple, and sad. Mr. Moore’s latest eye-opening documentary, “Where To Invade Next” visits countries that have learned from, and adopted our laws and policies, policies that no longer exist in the U.S. of … Continue reading

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Why Did Michael Moore Invade Other Countries?

Popular Economics Weekly The answer is so simple, and sad. Mr. Moore’s latest eye-opening documentary, “Where To Invade Next” visits countries that have learned from, and adopted our laws and policies, policies that no longer exist in the U.S. of … Continue reading

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Huge Jump In Existing-Home Sales

The Mortgage Corner Wow! Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 0.4 percent to a seasonally adjusted annual rate of 5.47 million in January from a downwardly revised 5.45 million in … Continue reading

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Inflation Is Bringing Back Higher Growth!

Popular Economics Weekly Consumer prices are on the rise and the Fed’s December rate hike doesn’t look misplaced at all, says Econoday. Year-on-year core prices (without food and energy prices) rose 1 tenth to plus 2.2 percent for the highest … Continue reading

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How Extreme is Bernie’s Economic Vision?

Popular Economics Weekly Major progressive economists are protesting Bernie Sanders predictions of robust economic growth and jobs if his policies are enacted. What are his policies? Policies he claims will give Americans what the other developed countries already offer to … Continue reading

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2016 Housing Update

The Mortgage Corner What should happen to U.S. housing in 2016, with interest rates at record lows and a healthy job market? Much will depend on population growth, and in particular the newest largest generation of all—the millennials, or Gen … Continue reading

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