The Week in Review from Valeo Financial Advisors (January 25, 2013)
Jobs
- The Uneven Recovery Since 2009 – State Unemployment Rates Valeo Financial Advisors
- Initial claims for unemployment benefits fell to 330,000, the lowest since January 2008. Chart: FRED
Housing
- In just seven paragraphs, find out why apartment rentals are booming and home sales still aren’t FRED
- The pace of new single-family home sales fell from Nov. to Dec., but have risen 8.8% since Dec. 2011. Federal Reserve Bank of Cleveland
Around the Globe
- U.K. Economy Shrinks More Than Forecast. Now close to a triple dip recession Bloomberg
- The value of exports from developing to developing countries now exceeds exports from poor countries to rich ones The Economist
Markets
- The U.S. stock market index, the S&P 500, hit 1,500 for first time in 5 years The Financial Times
Personal Finance
- New report states that household spending decisions are influenced more by the housing market than the stock-market The Wall Street Journal
- 25% of Americans with a 401(k) or other defined contribution plan to tap their retirement account for current expenses Time