Case-Shiller Home Price Index (August report)
-20-city, Month/Month Seasonally adjusted +0.0 %
-20-city, Month/Month Not Seasonally adjusted +0.2 %
-20-city, Year/Year Not Seasonally adjusted -3.8 %
FHFA Home Price Index (August report)
-Confidence level for October was 39.8.
-Previous was 45.3. Consensus was 46.0
-Consumer Confidence is a measure of predisposition to spend.
-This is not a good omen for 4Q GDP.
– Redbook Year/Year +4.1%
– ICSC-Goldman Store Sales, Week/Week -0.8 %. Year/Year +2.4%