The Week in Review from Valeo Financial Advisors (July 20, 2012)
July 20, 2012    Disclosures    POSTED IN  Markets

U.S. Economy

  • The Rise and Fall of Consumer Prices Over Time Valeo Financial Advisors
  • Fed chairman says unemployment expected to stay above 7% through 2014. CNN
  • The drought is now affecting the widest range since 1956. Here are pictures of devastated farmland. Business Insider
  • U.S. Retail Sales Drop Again Wall Street Journal
  • Beginning construction of U.S. homes rose in June to the fastest rate in almost four years  Bloomberg

Financial Planning

  • The average student loan balance in Q1 2005 was $15,651..In Q1 2012 it was $24,301 Student loan charts Federal Reserve Bank of New York
  • Colleges and universities that award merit aid, form Abilene Christian to Young Harris. Chart: The New York Times
  • 20% to 28% of people eligible to borrow from their 401(k) accounts have an outstanding loan. The default rate… 17.4% L.A. Times

Markets

  • Wait, Investors Paid Germany To Hold Their Cash? Planet Money
  • What motivates people to contribute money to projects on Kickstarter? Reuters

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