The new Case-Shiller house price numbers are out today, and as you’ve probably already heard, they’re ugly. But they can be made pretty, and I got so much attention from other blogs the last time Time.com graphics czar Feilding Cage and I did this chart that I figured I had to post the updated version. Here it is:
Case-Shiller has …
With all the recent talk of a looming recession, I figured I ought to check in with Stanford economist Robert Hall, chairman of the Business-Cycle Dating Committee of the National Bureau of Economic Research, the semi-official arbiter of when recessions start and end. I e-mailed:
When everybody starts talking recession, as is this case
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With the news that the stock market is now officially in “correction” territory (it’s down 10% since October), I thought it might be interesting to check how bad things look if you adjust for the decline in the dollar. So I adjusted the S&P 500’s performance this year to reflect the value of the dollar in a trade-weighted basket of …