The Week in Review from Valeo Financial Advisors (June 12, 2015)
U.S. Economy
- Mortgage rates jumped to over 4% this past week. WSJ
- Consumer spending rebounds due to a stronger labor market. WSJ
- Retail sales spiked in May. CNBC
- Job openings reach highest level since 2000. CNBC
- Map of the largest companies by revenue in each state MarketWatch
Around the World
- China’s housing prices stabilize, but a slump in new construction could slow down the Chinese economy. NY Times
- Europe considers the possibility of a Greek default as debt negotiations remain uncertain. Bloomberg and Reuters
Personal Finance
- Stop Worrying and Embrace the Security Freeze Valeo Financial Advisors
- The new math of student loans The Wall Street Journal
- Tips for combatting tax fraud. CNN
- Common money mistakes made by seniors. USA Today