Category Archives: Economy

What is a Common Sense Stock Market?

Financial FAQs Pundits and stock traders seem to believe Friday and Monday’s stock “massacre” was caused by too-quick trigger fingers—in computers controlled by algorithms, not people. Whereas, investors and traders using their common sense would have seen the ‘yuge’ drop … Continue reading

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Why the ‘Yuge’ Stock Market Selloff?

Popular Economics Weekly The quick answer is that too much money is chasing too few stocks, believe it or not. The record low interest rates—the 10-year treasury yield just dropped back to 2.75 percent from 2.85 percent before Friday’s selloff—is … Continue reading

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Wages Rise in Unemployment Report!

Popular Economics Weekly The best news in January’s unemployment report was average hourly wages jumped 9 cents, to $26.74. It pushed the yearly increase to 2.9 percent from 2.6 percent, marking the highest level since the end of the Great … Continue reading

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Q4 GDP Growth Misses 3 Percent

Popular Economics Weekly Consumers and businesses powered the economy to a 2.6 percent rate of gross domestic product growth in the final three months of 2017, according to the Commerce Department. But declining inventories and a wider trade deficit kept … Continue reading

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Existing-Home Inventory Lowest in 18 years

The Mortgage Corner There aren’t enough home to sell. Sales of previously-owned homes tumbled in December as an ongoing inventory crunch became more worrisome with few homes to sell in parts of the country. Existing-home sales were down 3.6 percent … Continue reading

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Shutdown vs. “S***hole” Countries?

Popular Economics Weekly The just ended government shutdown has little to do with 9 million children’s health insurance under the CHIP plan, or extending the Dreamers protection under DACA. It really has to do with President Trump’s insistence on shutting … Continue reading

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Immigration and Trump’s “S***Hole” Comment

Popular Economics Weekly How should we remember Martin Luther King, Jr. on his holiday? That greater equality creates greater prosperity for all; as well as greater peace. President Trump’s S***Hole comments were meant as a signal to his neo-nazi supporters … Continue reading

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