Tuesday, December 28, 2010

Housing dips again, consumer confidence clips, but jewellery and luxury leading retail

Housing prices tumble again, 6 cities hit new lows

Consumer confidence dips in December... certainly took me by surprise!

Mastercard says retail spending up 5.5% y-o-y, jewellery and luxury leading the way

pretty much tells you where the money is revolving, downward velocity is still lagging, and that can't be a good thing, right Dr. Bernanke? 

Here is GS reporting 4.8% same store sales growth... these numbers are crying for some proper drill down

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