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There was good news Wednesday. The Case-Schiller index rose for a 3rd straight month. Otherwise it was not a very good day for the economy.

While some sectors (energy and health) were up Wednesday, there was a good amount of carnage left by these reports and earnings announcements.

(Click on charts to enlarge)

schiller-20091031

Richmond was not looking good and that put the brakes on material stocks.

richmond-fed-20091031

“Unexpectedly” the Conference Board’s consumer confidence took a dip below 50 again.

confidence-20091031

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    "“Unexpectedly” the Conference Board’s consumer confidence took a dip below 50 again."

    Except by those of us anticipating a "W".
    Oct 28 07:55 AM | Link | Reply
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