The Week in Review from Valeo Financial Advisors (July 10, 2015)
U.S. Economy
- Americans behind on their home equity loans reaches lowest number since 2008. The Wall Street Journal
- Mortgage rates fall from year high levels. USA Today
- Consumer Credit grew by 5.7% in May Morningstar
- NYSE glitches, but trading continues normally. Economist
Around the World
- Comparing Greece to the Great Depression. The New York Times
- Optimism that a Greece deal is near. The Wall Street Journal
- Consequences of the Greece deal or default. Bloomberg
- Key statistics of the Chinese stock selloff. Bloomberg
- China prohibits major investors from selling certain stocks. Bloomberg
- Hong Kong benefits from Chinese stock market turmoil. Reuters
Personal Finance
- Ways to save money on family road trips. Reuters
- Check your insurance coverage before renting a car. The New York Times
- How to reduce your tax liability in retirement. USA Today