The Week in Review from Valeo Financial Advisors (February 3, 2012)
Global Economy
- Unemployment around the globe. Chart: Valeo Financial Advisors
- A mere 3.4% of Europe’s products and services are sold via the web, compared with 4.6% in the U.S. The Economist
- Europe’s economies before and after the recession. Chart: The Economist
U.S. Economy
- How this recovery compares to the previous five. The missing GDP. Financial Times Alphaville
- Americans spent $2.6 trillion on healthcare in 2010, a staggering 18% of GDP The Economist
- The unemployment rate declined by 0.2% in January to 8.3%; the rate has fallen by 0.8% since August. Chart: St. Louis Fed
- The CBO outlook for America’s budget deficit. Chart: The Economist
Housing
- Another new record low in 30-year mortgage rates Yahoo! Finance
- Mortgage standards remain very tight. Graphic: San Francisco Fed
- For Third Straight Month, Home Prices Dropped In November NPR
Financial Planning
- Become your kid’s mortgage lender CNN Money
- 401(k) Changes Could Save You Money The Wall Street Journal
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