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Zillow Forecast on Case-Shiller Index: “Expect a (Very) Modest Slowdown” in November

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Zillow Forecast on Case-Shiller Index: “Expect a (Very) Modest Slowdown” in November

The Case-Shiller house price indexes for October were released this morning. Zillow forecasts Case-Shiller a month early, and I like to check the Zillow forecasts since they have been pretty close. From Zillow: November Case-Shiller Forecast: Expect a (Very) Modest Slowdown After several months in a row of accelerating growth in U.S. home prices, the...
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Yellen Speech Next Week Canceled, Nomination as Fed Chair Expected Very Soon

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Yellen Speech Next Week Canceled, Nomination as Fed Chair Expected Very Soon

From the WSJ: Yellen Speech Canceled as White House Weighs Fed Pick The Economic Club of New York has canceled a coming speech by Fed Vice Chairwoman Janet Yellen as the White House moves closer to selecting a new head of the central bank. The group said Friday that the Oct. 1 speech by...
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NFIB: Small Business Optimism Index increases slightly in January, Still very low

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NFIB: Small Business Optimism Index increases slightly in January, Still very low

From the National Federation of Independent Business (NFIB): Small-Business Owner Confidence Barely Budges Small-business owner confidence continues to drag, according to the National Federation of Independent Business (NFIB) Small Business Optimism Index. The Index gained 0.9 points, rising to 88.9, failing to regain the losses caused by last month’s “fiscal cliff” scare. Expectations for...
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Hatzius: Two main economic scenarios “fairly bad” and “very bad”

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Hatzius: Two main economic scenarios “fairly bad” and “very bad”

This all ties together … Neil Irwin at the WaPo has an interesting graphic on the output gap and unemployment: Why it doesn’t feel like a recovery Ezra Klein at the WaPo reports on some comments from Goldman Sachs chief economist Jan Hatzius and professor Paul Krugman at the “America’s Fiscal Choices” conference in...
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