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In spite of the most recent bad macroeconomic news coming out of Europe and Italy (to say nothing of the sequester here in the U.S.), we continue to see reasons for optimism in the U.S. economy. This week’s chart of the week unveils the latest home prices and consumer confidence increases reported earlier this week. In looking at the S&P/Case-Shiller index, the leading measure of U.S. housing prices, we see that prices were up 0.9% in December and 6.8% for the year compared to analyst expectations of 6.6%. In addition, January new home purchases skyrocketed by 15.6% from December’s reading. Collectively, the recent increases in the Case-Shiller Index, new home purchases, and consumer confidence are indicative of signs of life in the U.S. economy and may suggest further appreciation in the housing market.
09.28.2023
During its September meeting, the Federal Open Market Committee (FOMC) opted to keep its policy rate unchanged — within a…
09.22.2023
Watch the flash talks from Marquette’s 2023 Investment Symposium livestream on September 15 in the player below — use the upper-right…
09.21.2023
After a red hot 2021, the initial public offering (IPO) market has materially slowed over the last two years amid…
09.12.2023
As investors and economists meticulously analyze data to predict future actions of the Federal Reserve, the domestic economy has maintained…
09.06.2023
The U.S. Department of Commerce recently celebrated the one-year anniversary of the CHIPS and Science Act, which was signed into…
08.30.2023
Readers who have recently shopped for Labor Day barbeque supplies may lament the fact that beef prices have climbed to…
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