New data out this morning showed new home sales rose to 467,000 on a seasonally-adjusted basis in September. The 0.2% growth may seem like a small number, but it’s the fastest pace of increase since July 2008. We talked to McGladrey's chief economist Joe Brusuelas about why he's not impressed with the number.
With a new case of Ebola confirmed in New York, we asked the Chief Economist at McGladrey if the spread could impact the U.S. economy. He said no - but watch for temporary shakeups in equities and fixed income.