Belisarius has a quite severe case of cold, so light posting today. Consumer confidence for December came out at 53 vs. 52.9 consensus and 49.5 prior reading. S&P/Case-Shiller Home Price Indices came out flat. Since the indexes are three month rolling averages, fatigue in house price recovery is evident. Chart 1. S&P/Case-Shiller Home Price Indices

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