Monthly Archives: March 2016

Why Such Dismay At Fed Chair Yellen’s Dovish Remarks?

Financial FAQs Janet Yellen gave another speech yesterday, and stocks and bonds rallied. So you would think the pundits would applaud her speech. But, no, with approximately half of the Fed Governors saying they want higher interest rates now, many … Continue reading

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U.S. Manufacturing’s Near Record Output

Popular Economics Weekly Gross output of U.S. manufacturing industries — counting products produced for final use as well as those used as intermediate inputs — totaled $6.2 trillion in 2015, about 36 percent of U.S. gross domestic product, and nearly … Continue reading

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Where Are The New Homes?

The Mortgage Corner Sales of newly built, single-family homes rose 2 percent in February from an upwardly revised January reading to a seasonally adjusted annual rate of 512,000 units, according to newly released data by the U.S. Department of Housing … Continue reading

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Why Is the Fed Waiting For Inflation?

Popular Economics Weekly The Federal Reserve should stick with a “wait-and-see monetary response” absent more evidence of sustainable inflation gripping the U.S. economy, Chicago Fed President Charles Evans said Tuesday. That seems to be Fed Chairwoman Yellen’s response to current … Continue reading

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Existing-Home Sales Fall, Inflation Too Tame

The Mortgage Corner After increasing to the highest annual rate in six months, existing-home sales tumbled in February amidst very low supply levels and robust price growth in several sections of the country, according to the National Association of Realtors. … Continue reading

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Job Openings Still At Record Level

Popular Economics Weekly The number of job openings rose to 5.5 million on the last business day of January, the U.S. Bureau of Labor Statistics reported today. It is just below the record high set in July 2015. Hires declined … Continue reading

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Builder Sentiment Holds, Housing Starts Booming

The Mortgage Corner Builder confidence in the market for newly-built single-family homes was unchanged in March at a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).“Confidence levels are hovering above the 50-point mid-range, … Continue reading

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We Need More Productive Investment

Financial FAQs Consumers’ financial health has substantially improved in 2015, according to the Fed’s 2015 Q4 Flow of Funds report, plus, their real wages are rising because of lower inflation. And since consumer income drives aggregate demand—the overall demand for … Continue reading

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Consumer Finances Much Healthier

Financial FAQs Consumers’ financial health has substantially improved in 2015, and their net worth has now surpassed that of pre-recession 2006, according to the Fed’s 2015 Q4 Flow of Funds report. That is the main reason economic growth prospects have … Continue reading

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Who Will Trump Trump’s Ambitions?

Popular Economics Weekly Thomas Friedman seems to believe the Donald has sewed up a majority of the Republican Primary delegates and will be a formidable foe for Hillary, assuming she is the Democrat’s candidate. But chances are his past will … Continue reading

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