Real Median Household Income Declined Again In May

Economy recessionDoug Short:  The Sentier Research median household income data for May, released this morning, came in at $56,853. The nominal median declined $390 month-over-month but is up $1,602 year-over-year. In percentages, the May number is down 0.7% MoM but up 2.9% YoY.
NYSE:DIA June 23, 2016 1:37pm

The Price Of Ground Beef Surges To A Record High In February

inflationSince the depths of the last recession, the price of ground beef in the United States has doubled.  Has your paycheck doubled since then?  Even though the Federal Reserve insists that we are in a “low inflation” environment,
NYSE:DBA March 26, 2015 12:23am

The Beginning Of The Next Major Stock Market Decline? [Dow Jones Industrial Average]

bearbull21-150x1501The U.S. economy has had six full years to bounce back since the financial collapse of 2008, and it simply has not happened.  Median household income has declined substantially since then, total household wealth for middle
NYSE:DIA September 22, 2014 8:55pm

Food Prices Expected To Surge By The End Of This Decade [PowerShares DB Agriculture Fund]

food pricesDo you think that the price of food is high now?  Just wait.  If current trends continue, many of the most common food items that Americans buy will cost more than twice as much by the end of this decade.  Global demand for food continues to rise steadily
NYSE:DBA April 18, 2014 10:59am

22 Reasons To Be Worried About The U.S. Economy

economyAre we on the verge of another major economic downturn?  In recent weeks, most of the focus has been on our politicians in Washington, but there are lots of other reasons to be deeply
NYSE:FAS October 14, 2013 9:16pm

The Biggest Threat To The U.S. Economy

economyDavid Zeiler: There's a question no one wants to ask, but it's time we do:
NYSE:DIA October 9, 2013 11:15am

Median Household Income Has Fallen For 5 Years In A Row

economyIf the economy is getting better, then why do incomes keep falling?  According to a shocking new report that was just released by the U.S. Census Bureau, median household income
NYSE:FAS September 17, 2013 8:06pm

Economy: Are Happy Days Here Again?

economyThe more things change, the more things stay the same.  The Great Depression actually started in 1929, but as you will see below, as late as 1933 the Associated Press was still pumping out lots of news stories with optimistic economic headlines
NYSE:DIA September 13, 2013 3:46pm

Did Barack Obama Really Help The U.S. Economy In His First Term?

economyMichael Snyder: The mainstream media covered the inauguration of Barack Obama with breathless anticipation on Monday, but should we really be celebrating another four years of Obama?  The truth is that the first four years of Obama were an absolute train wreck for the U.S. economy.  Over the past four years,
NYSE:FAZ January 22, 2013 12:34pm

60 Facts That Prove The Middle Class In America Is Being Wiped Out

Michael Snyder: The middle class in the United States is being systematically destroyed, and nobody is doing much of anything to stop it.  Our incomes are shrinking, our share of the income pie is at an all-time low, our jobs are being sent overseas, debt burdens have soared to unprecedented heights and millions of formerly
NYSE:FAZ January 4, 2013 6:46pm

15 Signs That Show The Economy Is In Serious Trouble

Michael Snyder: How can the mainstream media claim that the U.S. economy is "improving" when it is painfully obvious to anyone with a brain that the middle class is being absolutely eviscerated?
NYSE:FAS December 10, 2012 8:17pm

Why Ben Bernanke Is Setting The Stage For Another Housing Crash (GLD, SLV, TZA, FAZ, XLF)

Federal Reserve Chairman Ben Bernanke is determined to push mortgage rates to record low levels and he is encouraging the banks that the Fed regulates to make home loans more freely. 
NYSE:FAZ October 2, 2012 11:10pm

Who Will Really Benefit From QE3?

The mainstream media is hailing QE3 as a great victory for the U.S. economy.  On nearly every news broadcast, the "talking heads" are declaring that Ben Bernanke's
NYSE:GLD September 16, 2012 9:42pm

58% Of Americans Believe Economic Conditions Will Be Better A Year From Now (FAS, SSO, TNA, QLD, SPY)

Michael Snyder: There is nothing wrong with being optimistic, but there is something wrong with having blind faith that things are going to get better when all of the evidence is screaming at you that
NYSE:FAS May 14, 2012 9:22pm

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