The Week in Review from Valeo Financial Advisors (November 21, 2014)
November 21, 2014    Disclosures    POSTED IN  Markets

U.S. Inflation

  • Consumer prices in the U.S. were flat in October, however the core, which excludes food and energy, rose 0.2%. This was the highest increase for core prices in five months Businessweek
  • Producer prices in the U.S. rose last month despite the decline in energy prices Bloomberg

U.S. Economy

  • Industrial production in the U.S. slipped in October, but manufacturing output rose CNBC
  • Last month home sales jumped to a level not seen in over a year Reuters
  • Nationally, housing starts declined in October MarketWatch

Around the World

  • In an unexpected move to spur economic growth, China cuts its interest rates to ensure that the economy stays on track The New York Times
  • The president of the European Central Bank has vowed to do “whatever it takes” in order to prevent the euro zone from heading into deflation and recession Reuters


  • Apple now has a higher valuation than the entire stock market of Russia Forbes
  • How the dollar became the dollar Quartz
  • The dependent care contribution limit has been $5,000 since 1986. Had it been indexed to inflation it would be $10,859 The New York Times
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