The Week in Review from Valeo Financial Advisors (August 7, 2015)
August 8, 2015    Disclosures    POSTED IN  Markets

U.S. Economy

  • Jobless claims near 40-year low. USA Today
  • Employers in the U.S. added 215,000 to payrolls in July and the unemployment rate remained at 5.3% Bloomberg
  • Service sector growth reaches 10-year high. CNBC
  • Trade deficit widened in June. CNBC
  • Small business borrowing grows to record level in June. Reuters
  • Consumer credit grew by $20.7 billion in June to reach a total of $3.42 trillion. MarketWatch

Around the World

  • International food prices fall to 6-year low. CNBC
  • Puerto Rico defaults on bond payment, deepening its debt crisis. Economist
  • Greek stocks rise for the first time since the Greek stock market reopened Monday. USA Today
  • The IMF considers recognizing the Chinese yuan as a reserve currency. Economist

Personal Finance

  Legal, Privacy and Compliance Documents