Monthly Archives: May 2017

This is A Goldilocks Economy!

Financial fAQs Economists have debated just what ideal economic growth should be, but the Federal Reserve does it for us. The Fed defines ideal growth as when we are at full employment with moderate inflation, inflation that says an economy … Continue reading

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

Has dismantling of American health care system begun?

Financial fAQs We now know that the revised Republican repeal of Obamacare is really intended to dismantle and perhaps destroy any federally-funded health care program, which would return health care coverage to either cash-starved states or private industry; to the … Continue reading

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

What Creates Higher Growth?

Popular Economics Weekly Amidst all the talk of Republicans promise to cut regulations and taxes to boost growth, there is one problem. Where are the workers that would boost growth? We are already close to full employment, and in fact … Continue reading

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

Higher Industrial Production Sign Increased Growth?

Popular Economics Weekly Industrial production in April grew at the fastest monthly rate in more than three years on the back of broad-based gains in the manufacturing sector, reports the Federal Reserve. Industrial production grew 1 percent in April led … Continue reading

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

Builder Optimism + Affordability Higher

The Mortgage Corner Some good news is that rising wages and moderating home prices offset a rise in mortgage interest rates to give housing affordability a slight boost in the first quarter of 2017, said the National Association of Home … Continue reading

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

The Declining Treasury Yield Curve—Recession Looming?

Financial FAQs We are basically at full employment with a 4.4 percent unemployment rate, which should tell us we are nearing the end of this growth cycle. Econoday reports, “The total number of employed Americans, and this includes both the … Continue reading

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

TrumpCare–The Un-American Health Care Act

Popular Economics Weekly It’s incredible. Why have House Republicans just voted for a health care bill that only does one thing in the words of MIT Professor Jonathan Gruber, primary architect of the Massachusetts single-pay healthcare program and Obamacare? He … Continue reading

Posted in Politics, Uncategorized | Tagged , , | Leave a comment

April Employment Up, Q1 Consumer Spending Weak

Financial FAQs Total nonfarm payroll employment increased by 211,000 in April, and the unemployment rate fell to 4.4 percent from 4.5 percent in March, reported the U.S. Bureau of Labor Statistics today. Job gains occurred in leisure and hospitality, health … Continue reading

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

Housing Recovery Still Uneven

Financial FAQs Fresh data from real-estate website Trulia show that just 34.2 percent of homes have returned to the peak levels registered before the onset of the recession in 2008, reports Marketwatch’s Andrea Requier. What’s more, Trulia estimates it could … Continue reading

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

Consumer Spending Down, Recession Looms?

Popular Economics Weekly Wow! First-quarter GDP was paltry enough at 0.7 percent but consumer spending was even more paltry, at only 0.3 percent for the most embarrassing annualized pace since 2009. Unemployment is unusually low and consumer confidence unusually high … Continue reading

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