The Week in Review from Valeo Financial Advisors (July 31, 2015)
U.S. Economy
- GDP rose 2.3% in the second quarter. Bloomberg and USA Today
- Second quarter wage growth is lowest in 27 years. The New York Times
- Orders for capital and durable goods increased in June. Bloomberg
- Second quarter economic growth statistics. WSJ
Around the World
- Chinese government cracks down on non-hedging short sellers. Reuters
- The impact of government intervention on China’s stock market. Economist
- IMF determines that Greece is disqualified from a third IMF bailout. CNBC
Personal Finance