Neil Dutta on Pending Sales of Existing Homes, Fed

Oct. 28 (Bloomberg) -- Neil Dutta, head U.S. economist at Renaissance Macro Research LLC, talks about the outlook for the U.S. housing industry and Fed policy. The index of pending sales of existing homes slumped 5.6 percent in September, the biggest drop in more than three years, after a 1.6 percent decrease in August, the National Association of Realtors reported today in Washington. Dutta speaks with Scarlet Fu and Stephanie Ruhle on Bloomberg Television's "Market Makers." (Source: Bloomberg)

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