The Week in Review from Valeo Financial Advisors (May 25, 2012)
May 25, 2012    Disclosures    POSTED IN  Markets

Markets

Financial Planning

  • Retirement “The best-prepared, with replacement income of 100%+, have a household retirement-savings rate of 27.4%” Wall Street Journal
  • 30% of all workers have less than $1,000 in savings and investments and  60% have less than $25,000 (excludes defined benefit plans & primary residence) Employee Benefit Research Institute
  • The price of college tuition, in 1 graphic Planet Money

U.S. Economy

  • Sales of existing U.S homes rose in April for the first time in three months Bloomberg
  • The European Monetary Union is not an optimized currency union. How long did it take the United States to become an optimal currency area and what caused optimization? The National Bureau of Economic Research
  • Delinquency rate on credit card loans through commercial banks declines to 3.07% St. Louis Federal Reserve

Around the Globe

  • A brief guide to why China’s economy grows so fast The Economist

Miscellaneous

  • Stamp duty: What snail mail costs around the world The Economist

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