Consumer confidence in September fell to 48.5, its lowest level since February. This was lower than the expected reading of 51.5, and nearly five points lower than August's downwardly revised reading of 53.2. A barometer on consumers' expectations also hit the lowest level since February, decreasing to 65.4 in September from 72 in August.
U.S. home prices however, increased in July compared with June. The Case-Shiller index of 10 major metropolitan areas rose 0.8% from June, while the 20-city index increased 0.6%. Adjusted for seasonal factors, the 10-city in dex for July came in flat, while the 20-area index declined 0.1% compared with June's readings.
Data mixed again.
• U.S. CEOs lower expectations for the near future
• Consumer confidence slumps in September
• Home prices up, but growth rate slows
Obama was talk small biz bills last whole week and earlier this week. we got the bill.
but really we need watch very closely with these data and signs.
the market is mixed right now. uptrend is keeping, but really need some break or rest for bulls.
Not too relax right now. need watch closely and closely.
It’s not A time to unload. but be prepared.
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