The Week in Review from Valeo Financial Advisors (December 6, 2013)
December 6, 2013    Disclosures    POSTED IN  Markets

US Economy 

  • The U.S. Economy, Inching Closer to Normality Valeo Financial Advisors
  • U.S. employers added 203,000 jobs last month and the unemployment rate dropped to 7.0% The Wall Street Journal
  • Third quarter GDP increased at a rate of 3.6% with the growth attributed to very strong inventory accumulation Forbes
  • Personal spending rose modestly by 0.3% in October, while the National Retail Federation still expects total holiday sales to increase from one year ago The Wall Street Journal

Global Economy

  • Italian and German manufacturing help bolster European economic growth prospects The Wall Street Journal
  • Japan passed $182 billion economic stimulus plan to help revive its economy Reuters

Markets

Miscellaneous

  • The average American donates around $2,500 per year to charity, be aware of growing online holiday charity scams CNBC
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