In August, prices rose in 17 oF 20 cities. Only Charlotte, Cleveland and Las Vegas recorded month-to-month declines. In the past year, prices are down 11.3% in the 20 cities. Prices in all 20 cities were lower in August 2009 than in August 2008, but in general, year-over-year declines have lessened. “We do want to remind people of the upcoming…
From an article found on The Daily Reckoning, we have some not-so-exciting news:
Take a look this graph, from The Economist, which shows the industrial production of emerging Asia compared to the United States.
Click for larger image
Looks like Asia is recovering pretty well. The chart above clearly illustrates the “decoupling” that became such a hot [...]
Filed under Markets, News by on Oct 30th, 2009. Comment.