Home prices were up 4.6% in August, "the largest year-over-year gain in six years."
Automobile sales in September are up 11% from last year.
Unemployment is down from 9% a year ago to 7.8%.
The S&P 500 is up 29% from a year ago.
All of which may explain why consumer confidence is at a four year high in spite of a fairly lackluster GDP growth of 1.3 in the April-June quarter.
But of course it might all just be a conspiracy.
No comments:
Post a Comment