Tag Archives: PCE

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

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Consumers Boost Q1 GDP Growth

Popular Economics Weekly Consumer spending, largely on services, helped hold up first-quarter real GDP which came in at just 0.5 percent rate, but is still up 2 percent YoY. Consumer spending (personal consumption expenditures) rose at a 1.9 percent rate, … Continue reading

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Can Economy Grow With Higher Interest Rates?

Financial FAQs The Federal Reserve’s Open Market Committee announced it is raising short term interest rates by ¼ percent. But can this economy continue to grow with higher interest rates, as Fed Chairwoman Yellen has promised? That depends on several … Continue reading

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What’s The Fed To Do?

Popular Economics Weekly Why the debate over who should be the next Federal Reserve Chairman? There is a tug of war going on between inflation ‘doves’ and ‘hawks’ within the Fed. The debate is whether inflation is or will be … Continue reading

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What Will the Federal Reserve Do??

Popular Economics Weekly Now the fat’s in the fire. Both stocks and bond prices have been falling of late, due to the fear that the Fed will end its $85 billion per month QE purchases of Treasury and mortgage securities … Continue reading

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Where is Harry Truman—Part II?

Popular Economics Weekly What is the case for not providing more additional stimulus spending to boost economic growth? Harvard Econ Prof Gregory Mankiw, former Bush White House economic advisor, gave this rather bizarre prediction for the future behavior of employers … Continue reading

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Is Risk a 4-letter Word?

Financial FAQs Barron’s columnist Alan Abelson asked just that question this week after the general decline in stocks, and 900 plus point drop in the DOW. Have investors become so cautious because of Europe’s debt problems and the uncertainty of … Continue reading

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