The Week in Review from Valeo Financial Advisors (June 20, 2014)
June 20, 2014    Disclosures    POSTED IN  Markets

U.S. Economy

  • Encouraged by the economic recovery, the U.S. Federal Reserve cut its monthly bond buying program by $10 billion. Currently, at $35 billion, it is half of what the monthly stimulus was last fall Bloomberg
  • Housing starts fell by 6.5% in May. Seasonally adjusted, new home sales are on pace for an annualized 1 million homes Reuters
  • U.S. factories increased production in May and capacity utilization rose to 79.1%. The Wall Street Journal
  • Manufacturing condition beat expectations for May MarketWatch


  • US jobless claims fell last week, continuing the employment recovery CNBC
  • The number of people who are neither working nor unemployed is low, but there has been an uptick in the number of “discouraged workers” Bloomberg

Personal Finance

  • Mistakes some make with handling debt USA Today
  • Outlining the different types of student loans USA Today
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