The Week in Review from Valeo Financial Advisors (December 14, 2012)
Personal Finance
- The Household Balance Sheet – The Deleveraging of American Families Valeo Financial Advisors
- 56% of 401k plans enroll workers automatically. For plans that added this feature, participation rates jumped from from 69% to 81% The Wall Street Journal
- Are construction costs driving up college tuition? Reuters
U.S. Economy
- U.S. industrial production increased 1.1% in November, following a decline of 0.7% in October Federal Reserve Bank of Cleveland
- Consumer prices decrease by 0.3% in November, due in large part to fall in price of gas. U.S. Bureau of Labor Statistics
- Fed Expands Asset Buying, Links Rates to Joblessness, will buy $45B per month of Treasury securities starting January Bloomberg
Money
- “Before the Civil War, there were 8,000 different kinds of money in the United States” The Birth Of The Dollar Bill Planet Money