Daily Commentary: On Case-Shiller and New Home Sales

The big US data today was in the housing markets as we got both the Case-Shiller and the new housing sales numbers. Here's my take on the news.

Both data sets were mixed. The Case-Shiller index showed the unadjusted Composite-20 index which I follow, falling year-on-year by 3.5%. This is a slight...

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