The Week in Review from Valeo Financial Advisors (December 6, 2014)
December 6, 2014    Disclosures    POSTED IN  Markets

U.S. Economy

  • With 321,000 additions to payrolls in November, the U.S. jobless rate held at 5.8%, a six-year low Bloomberg
  • Average hourly earnings in November grew at the second quickest pace in over three years The Wall Street Journal
  • Total consumer credit (ex-real estate) in the U.S. grew by $13.2 billion in October with student and auto loans accounting for $12.3 billion of the increase Fox Business News

Around the World

  • The European Central Bank has decided to post-pone its stimulus decision into early 2015 The Washington Post
  • China’s stock market has quickly risen 21% which has led the country to surpass Japan as the second-biggest equity market by value in the world The Economist
  • Oil prices have slid globally to below $70 a barrel Reuters


  • The role of the business plan is changing as small businesses and start-up companies continue to evolve The New York Times
  • The collective cost of the items mentioned in the song ’12 Days of Christmas’ remained nearly unchanged from a year ago Yahoo! Finance
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