S&P/Case-Shiller Composites 10 fell 0.2% in December; S&P/Case-Shiller Composites 20 fell 0.3% in December. We have home prices declining for two consecutive months. Off course this has lot to with seasonal factors. The important question is will the prices will hold up in summer. Chart 1. S&P/Case-Shiller Composites Chart 2. S&P/Case-Shiller Composites Percent Change From […]

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Markets are down, the negative surprise was Conference Board Consumer Confidence which came out at 46 vs. 55 consensus and 56.5 for January. Chart 1. Conference Board Consumer Confidence Press release. Consumers’ assessment of current-day conditions soured in February. Those claiming conditions are “good” decreased to 6.2 percent from 8.5 percent, while those claiming business […]

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