U.S. Economy

• Unemployment in America: The Long Term Unemployment Issue Valeo Financial Advisors
• Real GDP grew at an annual rate of 1.5% in Q2, down from 2% in Q1 St. Louis Federal Reserve
• Drought to Hit Food Prices in 2013 The Wall Street Journal

Markets

• Brokers earn fees while clients get hammered again Yahoo! Finance
• A look at 10-year government bond yields for the US, Germany, Spain and Italy since 1860 The Economist

Housing

• 30-Year Fixed-Rate Mortgage Averages a Record-Breaking 3.49% (w/ avg 0.7 point) , 15-year FRM 2.80% (w/ avg 0.7 point) Freddie Mac
• Average price for new houses sold declined in June to $273,900 from May’s $278,000 St. Louis Federal Reserve

Financial Planning

• Making Personal Finance Cool to Kids Time
• Private student loans market grew from less than $5B in ’01 to greater than $20B in ’08 and shrunk back to less than $6B in ’11. 70% of private loans were without school involvement Consumer Financial Protection Bureau

Olympics

• Olympic Economics, The Pre-Games Show “it’s a thorny question to even ask whether a given Olympics makes money” Planet Money
• How Olympic athletes get health insurance The Washington Post

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