EMerging Equity
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Economic Conditions
A Recession Within A Recession
On Friday, the federal government announced that the U.S. economy contracted at a 0.7 percent annual rate during the first quarter of 2015. This unexpected shrinking of the economy is being primarily blamed on “harsh” weather during the first three months of this year and on the strengthening of the U.S. dollar. By Michael Snyder … Continue reading
This Housing Chart Destroys The Arguments Of The Economic Optimists – OpEd
By Michael Snyder Did you know that the rate of homeownership in the United States has fallen to a 20 year low? Did you know that it has been falling consistently for an entire decade? For the past couple of years, the economic optimists have been telling us that the economy has been getting better. … Continue reading
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