The Week in Review from Valeo Financial Advisors (December 11, 2015)
U.S. Economy
- Consumer sentiment and spending rose in November Reuters
- Potential options for interest rate increases by the Federal Reserve Economist
- The Producer Price Index rose 0.3% in November CNBC
- Borrowing for auto and student loans increased in October NY Times
Around the World
- Oil futures fell to the lowest since the late 2008 CNBC
- China plans to loosen the yuan’s peg to the US dollar and track a currency basket instead WSJ and NY Times
- Chinese yuan depreciates to four-year low against the dollar CNBC
- European economies could benefit from an influx of refugee workers Economist
- Canada considers negative interest rates CNBC
Personal Finance