The Week in Review from Valeo Financial Advisors (May 1, 2015)
May 1, 2015    Disclosures    POSTED IN  Markets

U.S. News

  • The U.S. economy grew by a meager annualized 0.2% during the first quarter as weather and low energy prices limited growth Reuters
  • Consumer spending in March rose while personal income was flat Bloomberg
  • Jobless claims in the U.S. fell to the lowest level in 15 years with only 262,000 initial claims The Wall Street Journal
  • The quits rate (number of quits during month divided by number of employees who worked) is climbing. A plus for employment Valeo Financial Advisors

Around the World

  • Consumer prices in Europe were flat in March ending a four month bout with deflation Bloomberg
  • Greece continues efforts with creditors on bailout talks Bloomberg
  • Russia’s inflation rate passes 10 percent Fox News
  • The manufacturing Purchasing Manager Index for China remained close to flat in April CNBC

Personal Finance

  • The biggest financial hurdles for those in their twenties Daily Finance
  • Employer matches in 401k plans have been increasing Bloomberg
  Legal, Privacy and Compliance Documents