The Week in Review from Valeo Financial Advisors (December 7, 2012)
December 7, 2012    Disclosures    POSTED IN  InvestmentsEconomy

Inflation and Interest Rates

  • Inflation Expectations Valeo Financial Advisors
  • Financial repression: “Since 2008, personal interest income plunged 30%” which is “more than 4% of disposable income” The Economist


  • The ECB forecasts that the Eurozone economy will shrink in 2013 The Telegraph

U.S. Economy

  • November payroll employment rises (+146,000); unemployment rate edges down (7.7%), the lowest since 2008 U.S. Bureau of Labor Statistics
  • Q3 productivity revised upward to an annual rate of 2.9 percent, the highest in two years. Chart: FRED
  • Aging U.S. automobiles, appliances may aid economic recovery Bloomberg
  • ISM’s manufacturing index drops below 50, signaling contraction in that sector. Chart: FRED

Household Net Worth

  • Q3 U.S. household net worth +$1.7 trillion to $64.8 trillion. Value of real estate owned by households +$370 billion U.S. Federal Reserve


  • During the Great Recession, about half of those eligible for unemployment benefits collected them. FRED
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