The Week in Review from Valeo Financial Advisors (January 16, 2015)
U.S. Economy
- The U.S. deficit is the lowest since 2007 and was capped off by a $2 billion monthly surplus in December The Wall Street Journal
- The 30-Year U.S. Treasury yield reached an all-time low this week Morningstar
- U.S. job openings rose to the highest level since early 2001 LA Times
U.S. Consumer
- U.S. consumer sentiment hit an 11-year high. Reuters
- Retail sales unexpectedly fell in December USA Today
Around the World
- The World cuts its global growth forecast for 2015 Reuters
- Switzerland drops its three year old currency cap Morningstar