SPUU - ECB Holds Rates Steady As Germany Slides Toward Recession
On the latest edition of Market Week in Review, Quantitative Investment Strategist Abraham Robison and Research Analyst Puneet Thiara discussed the health of the U.S. consumer, the latest global economic headlines, and preliminary results from third-quarter earnings season.
U.S. housing market improves as consumer spending remains solid
The U.S. consumer, which powers roughly two-thirds of the economy, is still in overall solid shape, Robison said. He cited recent housing data from the Commerce Department, including a September report which showed that construction of single-family homes increased for the fourth consecutive month. "Housing is usually very