The Week in Review from Valeo Financial Advisors (July 18, 2014)
U.S. Companies
- U.S. company tax inversions continue as firms looks to reduce tax bills The New York Times
- As earnings seasons continues many bank earnings surprise The Wall Street Journal
U.S. Economy
- Homebuilder confidence in the U.S. climbed to a six-month high Bloomberg
- The number of job openings has surged 18% since the end of 2013. But actual hirings have only increased 3%. MarketWatch
Chinese Economy
Structural Changes
- Since 1978, college tuition has soared by more than 1,120% while household income has only slightly increase Yahoo
- “The number of people over 65 is set to double within just 25 years… [This] is more than enough to reshape the world economy” The Economist