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Articles tagged with: recession

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Oil is falling as the summer winds down.

In the last 2 weeks oil has fallen from $147 to $121 a barrel. The US Transportation Department said that in the month of May, US drivers drove 3.7% less than just one year prior. With demand falling for oil, so does the …

Recession Proof Industries: Part 1, Vices

Like I’ve posted in the past…plenty of people are losing their jobs because of the slumping economy. Well I’d like to start a series about recession proof industries. These are the cockroaches and Twinkies of industry.
Part 1
Vices.
Liquor – Of course liquor is an industry that …

Well Johnson and Johnson is doing well. Looks like people are still washing their hair.

Well, the dollar is in the crapper. The economy is basically in a recession…BUT Johnson and Johnson posted profits for 2Q. Most of the jump can be thanks to the weak dollar and inflation overseas.
I would like to say that the profits can be linked …