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Tight labor market is starting to evade. and as we round out the week, we ll have the reports. markets off from monday as a result. even with commentary from health shorts we continue to see protests in china and there s concerns about the markets there, too. we ve also got ongoing inflation, rises interest rates and layoffs from the tech industry. what doll we expecty more coming and how is that going to impact americans this holiday season? we keep hearing about the health of the u.s. consuper. there s signs there s a wobble. we ve seen it in the housing market. it s been the latest in the case in the schiller index has shown the national index has dropped 0.8% month over month since september. that continues and the level still growing of course, but at a slower pace for 10.6 in ....
View this really as a crisis, instead, insisting this is broadly a good problem, a function of a churning economy. stephanie. a churning economy. well, i don t know if it s a good problem but i know i have a great panel. brendan greely is the founder of the economics newsletter. david zurbos from jeffries, global investment firm. and robert schiller, co-founder of the case/schiller index. i ll say this in slow motion. you re about to speak to robert schiller. this man was awarded the nobel prize in economics in 2013. so let s turn the volume up and go straight to robert schiller. robert, you said weeks ago that american shares are the most expensive in the world. compared to corporate earnings. when you said that the market was waging on. what s going on now? the narrative has been the u.s. stock market is way overpriced. ....
43 percent said they would reconsider their plans if fares go any higher. those folks still planning to hit the roads. 44% say they will cut back on shopping. gas prices are making americans less optimistic about our economy. the conference board reports consumer confidence dropped this months after hitting a one year high in february. here is the reaction on wall street. the dow lost 44 points. nasdaq and s&p also down a little. home prices fell in most major cities in january for the fifth straight month. according to the standard and poor s shirley schiller index. off season for. prices are also down from january of last year. doctors tell sick people to lay off the sauce. new study shows alcohol may help folks from w. heart trouble. next time your flight attendant tells you to power down, you better listen up. why using your yelling phone on a cell phone on a plane could cost you tens of thousands of dollars. ....
That caused a sharp spike in these river levels. we did have an emergency sunday at the gilboa dam. devastating flooding and it will take time for the floodwaters to recede. but we are not expecting any additional flooding. bill: thanks, maria, we ll talk to you again very soon. martha: let s swing around to another topic. business and the economy. we have bad news coming in in the housing market. the closely watched schiller index, we can tell you the home prices declined year over year. stuart varney joins me now. stuart, not a good indicator. when you look at the year over year figure, this is not a ....