Tainted Alpha

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

Source: Standard & Poor's and Fiserv

Consumer Confidence, S&P/Case-Shiller Home Price Indices

This entry was posted on Tuesday, December 29th, 2009 at 12:56 pm and is filed under Markets, U.S. Housing. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.