Demographics in the USA

• Yesterday, Today and Tomorrow: The Aging of America Valeo Financial Advisors

Global

• Japan’s parliament approves a doubling of the consumption tax from 5% to 10%. The Japan Times
• The building that’s in two countries at once provides example of how EU is different from U.S. (i.e. not a fiscal union) Planet Money

Food and Energy

• Global food prices up sharply in July Yahoo! Finance
• See the trends in prices for oil, diesel, propane and other fuels Federal Reserve Bank of St. Louis

Money

• Why Are There 100 Cents In A Dollar? Ask Thomas Jefferson. Planet Money
• U.S. public pensions earned 1.15% this year, their worst showing since 2009 Bloomberg

Olympics

• The highest-achieving nations in the modern Olympics The Economist

Follow us on Twitter @valeofinancial