Tue
23
Feb '10
Housing prices “unexpectedly” fall.
U.S. stocks fell on Tuesday as consumer sentiment dropped sharply and house prices unexpectedly dipped, denting optimism about a economic recovery. …
The releases followed an unexpected decline in business sentiment in Germany, which pressured overseas markets and fed uncertainty among investors who were worried about the U.S. Federal Reserve’s plans for interest rates and worries over possible sovereign debt defaults in Europe.
We apparently live in a world where everything jumps out from behind the curtains and yells, “BOO!”
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