The Week in Review from Valeo Financial Advisors (October 17, 2014)
October 17, 2014    Disclosures    POSTED IN  Markets

U.S. Economy

  • In the U.S. the number of people filing an initial claim for jobless benefits fell to the lowest level since 2000 Reuters
  • U.S. consumer sentiment this month rose to the highest level since 2007 CNBC
  • Industrial production increased by 1% last month, the biggest monthly gain in three years MarketWatch

Around the World

  • Inflation in the Eurozone remains well below the European Central Banks target. Six countries experiencing outright deflation in August The Telegraph
  • Credit growth in China grew last month after the central bank encouraged additional lending Bloomberg
  • Japan’s increase in taxes earlier this year has led to a significant decrease in consumer spending The Economist

Personal Finance

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