The Week in Review from Valeo Financial Advisors (February 12, 2016)
February 12, 2016    Disclosures    POSTED IN  Markets

United States

  • Janet Yellen noted, during her two day, semi-annual testimony to Congress, that the U.S. dollar’s strength was unexpected and, separately, that it is premature to say a recession is forthcoming Bloomberg
  • Core retail sales in the U.S. rebounded from December Reuters
  • Consumer sentiment was lower than expected in January  CNBC


  • The eurozone economy grew by an annualized 1.5% during the final quarter of 2015 MarketWatch
  • China’s foreign exchange reserves fell by nearly $100 billion in January to the lowest level in three years BBC
  • Oil prices moved off their 13-year low The Wall Street Journal

Personal Finance 

  • Today, people over 50 have a lot more debt than those 50 plus years or older did a dozen years ago The Wall Street Journal
  • Six important ages as you get closer to retirement  USA Today
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