The Week in Review from Valeo Financial Advisors (March 9, 2012)
U.S. Economy
- Where did the rapid growth in consumer lending come from in the 1990s and 2000s? Valeo Financial Advisors
- Consumer credit increased at an annual rate of 8.6% in January San Francisco Federal Reserve
- Payrolls in U.S. climb 227,000; Jobless rate holds at 8.3% | Bloomberg
Businesses
- 10 states with the worst business tax climate InvestmentNews
- Since 2008 35 states have reduced pension benefits and half have shifted larger share of funding costs to employees U.S. GAO
Government Debt
- Greece pushes bondholders into record debt swap | Bloomberg
- Fed Weighs ‘Sterilized’ Bond Buying if It Acts Wall Street Journal
Financial Planning
- What’s the Fate of the Estate Tax? Wall Street Journal
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