Markets

• The S&P 500 was up the most to start a year since 1998. Chart of all first half of year performances since 1951 Valeo Financial Advisors
• Gold prices fall to a three year low The Guardian

U.S. Economy

• 21 states have a jobless rates significantly lower than the U.S. rate of 7.6% (15 states are below 6%) U.S. BLS
• The U.S. economy grew at an annual pace of 1.8% during the first quarter, revised down from the estimated 2.4%. Here is a look at why it was revised lower The Wall Street Journal
• Personal income and disposable personal income both increased by 0.5% in May. Bloomberg

Housing

• Housing’s Rise and Fall in 20 Cities (interactive from 2000 to today) The New York Times
• Is the Desire to Become a Homeowner a Thing of the Past? Atlanta Fed
• How Interest Rates Affect The Housing Market Forbes

Student Debt

• Congress not likely to act in time to avert doubling of student interest rate Bloomberg