Comic USD / Case-Shiller Home Price Index graph


Road Town, Virgin Islands (British)

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Artist's Description

In America, home prices are often measured by the S&P / Case-Shiller Home Price Index. This financial instrument allows investor, buyers and sellers to know the rough market value of homes they wish to use for investment purposes. This cartoon satirizes the value of American homes against the US Dollar. In it, the caricatured house is asking Bucky, the representative of the USD, what the US currency is doing, to which Bucky responds that he is feeling right at home. This editorial economics cartoon was distributed first in the binary options news of January 3, 2013 by OptionsClick, the procurer of editorial news related to binary options trading, in addition to its principal service, which is the customer-preferred platform for trading binary options on the Internet. The drawing was made with pen on paper, and colorized and edited in GIMP, which is a leading tool for creating art with open-source computer software programs. The inventors of the Case-Shiller home price index were Karl Case, Robert Shiller and Allan Weiss. Mr. Weiss was a graduate student at the time, and he later influenced the other two to form Case-Shiller-Weiss, a financial information services company. In 2002, that company was sold to Fiserv, which worked with Standard & Poor’s to develop sellable indices for market traders. Within a decade, it has become the standard index used by investors and media outlets, to announce and analyze the average value of homes in the United States.

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desktop tablet-landscape content-width tablet-portrait workstream-4-across phone-landscape phone-portrait

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