The Week in Review from Valeo Financial Advisors (November 27, 2015)
November 27, 2015    Disclosures    POSTED IN  Markets

U.S. Economy

  • The U.S. economy grew at annualized pace of 2.1% during the third quarter, up from the initial estimate Reuters
  • Consumer spending in the U.S. moved marginally higher in October, while savings increased to the highest level in nearly three years CNBC
  • The November consumer confidence level fell in the U.S. to a level not seen since September 2014 Bloomberg
  • Weekly jobless claims, which have not reached 300,000 for the last 38 weeks, are close to a 40 year low Washington Post

Around the World

  • In an effort to stimulate a weak economy Japan has proposed new social programs, including building child-care and elder-care facilities and raising the minimum wage WSJ
  • Eurozone confidence levels reached a four year high MarketWatch

Personal Finance

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