The credit rating service, Moody's, changed the U.S. sovereign credit rating; Kevin sorts through the data, offers his insights and puts the information into perspective. The University of Michigan released its preliminary Consumer Sentiment Index; Kevin discusses this report, the implications and offers his opinion. The U.S. Commerce Department released the Housing Starts, as well as, Residential Permits (Building Permits) reports; Kevin puts the data into perspective and offers his insights.