The Week in Review from Valeo Financial Advisors (November 13, 2015)
U.S. Economy
- Retail sales rose less than expected as auto sales declined Reuters
- Jobless claims remain unchanged Reuters
- Foreclosures rose 12% in October CNBC
- Wholesale inventories reach 3-month high CNBC
Around the World
- Financial crisis in Puerto Rico worsens Bloomberg
- China’s imports and exports both fell significantly in October CNBC
- Prices fall and inflation remains weak in China NY Times
- Low oil prices force Saudi Arabia to buy international bonds for the first time to fund spending CNBC
Personal Finance
- Tips for saving money during the holidays USA Today
- Be aware of your spending at restaurants USA Today
- Treasury creates new retirement savings starter account called myRA Washington Post
- The dangers of pension advances Washington Post