{"id":10471,"date":"2015-07-28T09:51:42","date_gmt":"2015-07-28T14:51:42","guid":{"rendered":"http:\/\/olduvai.ca\/?p=10471"},"modified":"2015-07-28T09:51:42","modified_gmt":"2015-07-28T14:51:42","slug":"one-economic-datapoint-two-vastly-different-interpretations","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=10471","title":{"rendered":"One Economic Datapoint, Two Vastly Different Interpretations"},"content":{"rendered":"<h3 class=\"title\"><a href=\"http:\/\/www.zerohedge.com\/news\/2015-07-28\/one-economic-datapoint-two-vastly-different-interpretations\" target=\"_blank\">One Economic Datapoint, Two Vastly Different Interpretations<\/a><\/h3>\n<p>Earlier today, Case-Shiller reported that in May, housing prices dropped by 0.18%, the\u00a0<a href=\"http:\/\/www.zerohedge.com\/news\/2015-07-28\/housing-recovery-case-shiller-home-prices-tumble-most-10-months\">biggest decline since July 2014<\/a>. Hardly a euphoric validation of the Fed&#8217;s rate hike intentions.<\/p>\n<p>So what was the mainstream media&#8217;s take on the topic? It all depends on who you ask.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/2015\/07\/28\/us-usa-economy-homes-index-idUSKCN0Q21G220150728\">Reuters<\/a>:<\/p>\n<p><a href=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user5\/imageroot\/2015\/07\/case%20shiller%20reuters.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user5\/imageroot\/2015\/07\/case%20shiller%20reuters_0.jpg\" alt=\"\" width=\"600\" height=\"119\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>or the\u00a0<a href=\"http:\/\/www.wsj.com\/articles\/home-price-growth-remains-solid-in-may-says-case-shiller-1438088503\">WSJ<\/a>.<\/p>\n<p><a href=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user5\/imageroot\/2015\/07\/case%20shiller%20wsj.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user5\/imageroot\/2015\/07\/case%20shiller%20wsj_0.jpg\" alt=\"\" width=\"600\" height=\"105\" \/><\/a><\/p>\n<div><\/div>\n<div class=\"fivestar-static-form-item\"><\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One Economic Datapoint, Two Vastly Different Interpretations Earlier today, Case-Shiller reported that in May, housing prices dropped by 0.18%, the\u00a0biggest decline since July 2014. Hardly a euphoric validation of the Fed&#8217;s rate hike intentions. So what was the mainstream media&#8217;s take on the topic? It all depends on who you ask. Reuters: &nbsp; or the\u00a0WSJ. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[7569,303,7600,7464,683,7601,861,4318],"class_list":["post-10471","post","type-post","status-publish","format-standard","hentry","category-economics","tag-case-shiller","tag-fed","tag-housing-prices","tag-interpretation","tag-reuters","tag-us-housing-prices","tag-wall-street-journal","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10471","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10471"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10471\/revisions"}],"predecessor-version":[{"id":10472,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10471\/revisions\/10472"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}