The Week in Review from Valeo Financial Advisors (August 16, 2013)
Interest Rates and Inflation
- U.S. Treasury interest rates move higher FRED as do home mortgage interest rates FRED
- Inflation: Today or Tomorrow? Valeo Financial Advisors
Personal Finance
- Investment advisers are required to act as fiduciaries, but stockbrokers and insurance agents generally aren’t The Wall Street Journal
- A child born in 2012 is seen costing $241,080, on average, to raise Bloomberg
U.S. Economy
- Retail sales rose in July Reuters
- Consumer prices rise by a mild 0.2% in July The Wall Street Journal
- Industrial production was unchanged last month Bloomberg
- Residential construction rose less than expected last month Reuters
Around the World
- The longest ever recession for the Eurozone has ended The New York Times
- How economies have fared since their pre-recession peaks The Economist
Etcetera
- 7 Sleep Habits of Successful Entrepreneurs Inc.