The Week in Review from Valeo Financial Advisors (May 15, 2015)
U.S. Economy
- Jobless claims fell last week and the four-week average has reached a 15-year low CNBC
- Retail sales in were flat in April Reuters
- Industrial production fell for a fifth straight month Wall Street Journal
- Consumer sentiment dipped to a seven-month low Market Watch
- Import prices fell for the tenth straight month CNBC
Around the World
- Eurozone GDP growth picked up during the first quarter Wall Street Journal
- After strong gains relative to the euro, the U.S. dollar has retreated Market Watch
- China exports unexpectedly fell in last month Wall Street Journal
Personal Finance
- “The typical worker forfeits $1,336 a year in lost 401(k) employer matches” Investment News
- Money-saving tips for college graduates U.S News
- “New Math for Retirees and the 4% Withdrawal Rule” The New York Times