The Week in Review from Valeo Financial Advisors (August 30, 2013)
August 30, 2013    Disclosures    POSTED IN  Economy

U.S. Economy

  • How the U.S. economy has fared since the end of Great Recession Valeo Financial Advisors
  • Personal income increased by $14.1 billion in July, a 0.1% increase, meeting estimates Bureau of Economic Analysis
  • As of August 29, the dollar strengthen based on positive economic indicators and reinforced expectations the Federal Reserve will decrease monetary stimulus measures this year The Wall Street Journal
  • The Department of Labor reported that jobless claims decreased by 6,000 last week Yahoo Finance


  • The index of pending home sales decreased by 1.3%in July, suggesting rising mortgage rates are slowing the housing market Bloomberg
  • The 30-year fixed mortgage rate was 4.58% as of August 22, the highest level since July 2011 Bloomberg

World Economy


  • The earnings of recent college graduates have risen at a slower rate than graduates who started working decades ago FRED
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