Archive for October 27th, 2009

Consumer Confidence Unexpectedly Drops

Consumer confidence unexpectedly drops to 47.7 vs. 53.1 last month and 54 consensus. The streak of negative signs (just signs for the time being) continues.

Home Prices Countinue To Move Upwards

ome prices rose in August for a third consecutive month. Case-Shiller composite-10 index rose 1.3% in August to 157.93 with the composite-20 index up 1.2% to 146.00. Bloomberg story: Home Prices in 20 U.S. Cities Rise for Third Month.

 

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