The Week in Review from Valeo Financial Advisors (August 31, 2012)
August 31, 2012    Disclosures    POSTED IN  Personal FinanceInvestmentsEconomy

The U.S. Economy

The American Consumer

  • Consumer Sentiment Hits Three-Month High in August CNBC
  • Total consumer debt fell by $53 billion in the 2nd quarter, continuing the downward trend in outstanding household debt New York Federal Reserve
  • Consumer confidence lowest in nine months in August Reuters


  • Only 33% of respondents expect to retire before they turn 65 and 43% plan on retiring between ages 65 and 70. Yahoo! Finance
  • One Of The Fastest-Growing Careers Is In Desperate Need Of Young Talent Forbes
  • Chart: 374,000 people filed initial claims for unemployment benefits last week, the same as last week St. Louis Federal Reserve


  • The Smartest Spenders in Sports Businessweek
  • Elkhart resident leaves $125 million to his hometown. City officials put gift on par with town’s founding. Indianapolis Business Journal
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