Friday, October 17, 2008

Quick Overview

  • Warren Buffett said “bad news is an investor's best friend” – he’s buying U.S. stocks.

  • U.S. housing starts were at an annual rate of 817,000 in September, down 6.3% MoM, and down 31% YoY.

  • The University of Michigan's consumer sentiment index fell from 70.3 to 57.5

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