Open
The Marked Chart Wire · Economy and the Fed
Consumer Confidence
The Conference Board reported that US consumer confidence increased to 91.7 in October, beating the forecast of 81 and the previous month's reading of 81.9.
New to this? Read: How the stock market works
Wealth Inequality
Federal Reserve figures show the wealthiest decile controls 88.1 percent of household-held shares and fund interests. Overall family participation in equities dropped to 56 percent in 2025, down from 58 percent in 2022.
Economy
New home sales rose to 676,000 units, exceeding the 650,500 forecast, while the Richmond Fed index held at minus 2.
Global Growth
A poll of over 500 economists projects global GDP expansion of 3.0 percent in 2026 and 3.2 percent in 2027. AI investment supports activity, though oil prices above $100 per barrel raise inflation risks.
Global Economy
A survey projects worldwide expansion at 3.0 percent in 2026 and 3.2 percent in 2027, exceeding prior estimates. Price increase predictions for 2027 were also raised for 31 out of 50 key nations.
Housing
National home prices increased 2.1 percent annually in August, accelerating from July. However, values continued to fall in real terms for the 15th straight month as inflation outpaced price growth.
Economy
Durable goods orders increased 1.8 percent, slightly below the 1.9 percent forecast. Core orders, which exclude transportation, rose 0.5 percent.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.