Economic Analysis SEPTEMBER 24 TH, 2009. Equities’ Correlation to the Fed Housing Starts Up Initial Unemployment Claims (released today) Existing Home.

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Presentation transcript:

Economic Analysis SEPTEMBER 24 TH, 2009

Equities’ Correlation to the Fed Housing Starts Up Initial Unemployment Claims (released today) Existing Home Sales (dropped 2.7%) Board says Indicators are Up Key Points

Housing Starts

Housing Starts (percentage)

Up next: –Today  initial claim, existing home sales –Friday  durable goods sales, new home sales Sectors that have held up: –Basic materials, technology (hardware and semi-conductors), consumer services (gambling), and consumer goods