Economic Rebound is Nothing but Media Hype

CNBC: Tumble in Housing Prices Was Even Worse Than Expected:

U.S. single-family home prices dropped in March, dipping below their 2009 low, as the housing market remained bogged down by inventory and weak demand, a closely watched survey said Tuesday.

Yahoo! Finance: Consumer confidence falls unexpectedly in May:

The Conference Board's Consumer Confidence Index fell to a six-month low of 60.8 from a revised 66 in April, a sign of the toll that high gas prices, a choppy job outlook and a moribund housing market are taking on people's psyches. Economists had expected an increase to 67.

Economic Collapse: 20 reasons to be pessimistic about the economy:

Here are 20 pieces of evidence BusinessInsider uses to make their case that things are getting worse instead of better (we’re just giving you the highlights here, but you can get more detailed information on each item at BusinessInsider.com)

Those are just a few bits and pieces of recent economic news.

Related articles

• US house price fall 'beats Great Depression slide' (independent.co.uk)
• Consumer confidence index falls in May (marketwatch.com)