The Week in Review from Valeo Financial Advisors (August 15, 2014)
August 16, 2014    Disclosures    POSTED IN  Markets

U.S. Labor Market

  • The U.S. labor market continues to strengthen Reuters
  • Approximately 40% of people age 55 and older are working or looking for work in the U.S. This is the highest percentage since the 1950s. The Wall Street Journal

U.S. Economy

  • July retail sales in the U.S. were essentially unchanged from June. Bloomberg
  • Industrial production in the U.S. remains strong as capacity utilization hit the highest level since February 2008 Reuters
  • The yield on a U.S. Treasury bond fell to the lowest level in fourteen months MarketWatch

 Around the World

  • Large economies in Europe fail to grow as the recovery stalls out Bloomberg
  • Japan’s economy fell sharply last quarter The Economist
  • Economic data out of China is mixed BBC
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