Tuesday, February 24, 2009

Quick Overview

  • YoY the S&P's/Case-Shiller home price index of 20 cities fell 18.5% in December

  • U.S. consumer confidence fell to a record low of 25 from Januarys 37.4 the Conference Board said

  • German business confidence index (IFO) fell to 82.6 from 83 in January

  • Pimco's Gross said that any effort by the U.S. government to nationalize floundering banks wouldn't work, partly because of the number of banks involved.

  • YoY air cargo flying on Latin American airlines fell 25.4% in December

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