Monthly Archives: June 2017

Interest Rates On the Rise!

Financial FAQs Central Banks everywhere seem to be following our Federal Reserve in selling bonds they had accumulated to keep interest rates low for so long—in fact, since the end of the Great Recession. They also seem to be crossing … Continue reading

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What Health Care System Do Americans Want?

Popular Economics Weekly This is a quiz. What country had the second-highest mortality from noncommunicable conditions — like diabetes, heart disease or violence — and the fourth highest from infectious disease? Also, what country has the highest chance of dying … Continue reading

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Housing Shortage Continues

The Mortgage Corner It was very good news that new-home sales rose nearly 3 percent in May to a 610,000 annualized rate. The report, always volatile, included a big upward revision to April which however, at 593,000, is still the … Continue reading

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Consumers Not Shopping Anymore?

Popular Economics Weekly What has happened to second quarter economic growth? Economists had been predicting 3 percent plus GDP growth for Q2, but consumers are cutting back instead. Retail sales have fallen with inflation, not a good sign for demand, … Continue reading

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Why Home Sales Rising Fast, Construction Lagging?

The Mortgage Corner We are once again in a housing conundrum. May Existing-home sales just surged 1.1 percent to 5.62 million units, after falling for several months. And housing starts fell for the third straight month an unexpected 5.5 percent … Continue reading

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Why Did Fed Raise Rates Again?

Popular Economics Weekly U.S. growth cycles have averaged about 8 years since WWII, yet the Federal Reserve just announced they were raising their overnight rate for the third time—to 1.25 percent. It also forecast that the unemployment rate could fall … Continue reading

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Why Did Fed Raise Rates Again?

Popular Economics Weekly U.S. growth cycles have averaged about 8 years since WWII, yet the Federal Reserve just announced they were raising their overnight rate for the third time—to 1.25 percent. It also forecast that the unemployment rate could fall … Continue reading

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What, Too Many Job Openings?

Financial FAQs We are now seeing real evidence of the need for more working adults, if the US economy is to continue to grow. The Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS report, said April job openings … Continue reading

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Republicans About to Make ‘America Last’

Popular Economics Weekly President Trump’s withdrawal from the Paris Accord on climate change is symbolic in more ways than one. In his call to make America first again, he could set us back decades in bringing cleaner air and reducing … Continue reading

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We Have Reached Full Employment!

Financial fAQs The U.S. added a modest 138,000 new jobs in May and hiring earlier in the spring was weaker than initially reported, adding to evidence that the tightest labor market in years is making it harder for companies to … Continue reading

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