EMerging Equity
The Economy
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
Why The Price Of Oil Is More Likely To Fall To 20 Rather Than Rise To 80 – OpEd
This is just the beginning of the oil crisis. By Michael Snyder Over the past couple of weeks, the price of U.S. oil has rallied back above 50 dollars a barrel. In fact, as I write this, it is sitting at $52.93. But this rally will not last. In fact, analysts at the big banks … 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
Why The Damage To The Economy Caused By The Oil Crash Is Going To Get Progressively Worse – OpEd
By Michael Snyder We are really starting to see the price of oil weigh very heavily on the economy and on the stock market. On Tuesday, the Dow was down 291 points, and the primary reason for the decline was disappointing corporate sales numbers. For example, heavy equipment manufacturer Caterpillar is blaming the “dramatic decline … Continue reading
12 Signs That The Economy Is Really Starting To Bleed Oil Patch Jobs – OpEd
By Michael Snyder The gravy train is over for oil workers. All over North America, people that felt very secure about their jobs just a few weeks ago are now getting pink slips. There are even some people that I know personally that this has happened to. The economy is really starting to bleed oil patch … Continue reading
27 Facts That Show How The Middle Class Has Fared Under 6 Years Of Barack Obama – OpEd
By Michael Snyder During his State of the Union speech on Tuesday evening, Barack Obama is going to promise to make life better for middle class families. Of course he has also promised to do this during all of his other State of the Union addresses, but apparently he still believes that there are people … Continue reading
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