[photodawg]

The Conference Board's labor economist, Ken Goldstein, said the October index suggests "the economy is unlikely either to reheat or to get significantly cooler."

"Instead, the kind of slow growth now being experienced could continue right through the winter and into the spring," Goldstein said.

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Is that Goldstein or Goldilocks? When housing prices dips 10% in a month and housing starts drop precipitously, how does that add up to slow growth into the spring? Or maybe the next sentence reads, "When the bottom falls out."

[GodGunsGuts]

He must think housing will continue to appreciate in the face of rapidly falling sales and backed up inventories. Obviously, he's a genius.