The Week in Review from Valeo Financial Advisors (June 21, 2013)
Interest Rates and The Fed
- Rising interest rates have different consequences for savers, borrowers and investors Valeo Financial Advisors
- Interest rates continue to rise after The U.S. Federal Reserve announcement The Wall Street Journal
- The Federal Reserve tries to clarify its goals The Economist
U.S. Housing
- Existing home sales in the U.S. increase to highest level since November 2009 L.A. Times
- New housing starts were up in May USA Today
Around the World
- Focus on China’s economic growth and credit market CNN Money
- From $0.04 per gallon to $9.98 per gallon; The cost of a gallon of gas around the world Bloomberg
Focus on Retirement
- 10 worst money moves for near retirees MarketWatch
- Retirees Face Up to the ‘Million-Dollar Illusion’ CNBC