Tag Archives: coronavirus

Housing Market Will Survive Coronavirus

The Mortgage Corner NAHB.org What happens to housing with the COVID-19 pandemic? It had been on the road to recovery with record low interest rates; so much so that single-family housing starts have been soaring since 2019 as more millennials … Continue reading

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Why Do We Need a (new) New Deal?

Financial FAQs Amazon COVID-19 has finally done it. The new bi-partisan legislation working through congress that apportions money to the people and businesses that really need it—working (salaried) folk and small businesses with less access to credit—tell us why we … Continue reading

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Has the Recession Begun?

Popular Economics Weekly Wikipedia It might not matter when the so-called infection curve begins to flatten, or the epidemic “washes away”, as President Trump has said. The economic damage has already been done, due in part to the lack of … Continue reading

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How Do We Fight COVID-19?

Popular Economics Weekly St.LouisFRED Economists are beginning to predict the worst due to the COVID-19 outbreak that has become a worldwide pandemic.  Former Fed Vice-Chairman Alan Blinder said recently on CNBC that a recession may have already begun this March; … Continue reading

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No Job Losses Due to Coronavirus—Yet

Popular Economics Weekly MarketWatch The Labor Department’s February employment survey took place in the middle of February, before the coronavirus began its worldwide spread. So we will have to wait for March employment figures to know its impact on employment, … Continue reading

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The Wages of Fear in a Recession—Part II

Financial FAQs FRED Is the U.S. economy already in recession? How can it be with more than 80 percent of the adult workforce employed? But that isn’t how recessions actually begin, as portrayed in the above St. Louis Fed unemployment … Continue reading

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The Wages of Fear In Distrustful Times

Financial FAQs Goldman Sachs The Wages of Fear is a famous 1950s French film starring Yves Montand about four men that agree to carry a very dangerous cargo of nitroglycerine, the main dynamite ingredient, through a remote South American jungle … Continue reading

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Won’t You Be My Neighbor??

Popular Economics Weekly DailyKos The maxim that we are our brothers’ keeper has always been one of Christ’s teachings that Christians should follow, just as Mr. Rogers asked his TV viewers to be his good neighbor, and Martin Luther King, … Continue reading

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Housing Market (Still) Alive and Well

The Mortgage Corner FRED-ICAP All is still well with residential housing into this new year. Both housing starts and permits exceeded predictions, with starts now at 1.57 annual units, and permits at a 13-year high of 1.551 million units annualized. … Continue reading

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Disaster Preparation—Why Irrational Exuberance?

Popular Economics Weekly WTI Crude Oil Stock and bond prices are gyrating when the world economy doesn’t seem to know what to make of China’s coronavirus that has now spread to some 23 countries, according to latest reports. And that … Continue reading

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