The Week in Review from Valeo Financial Advisors (October 19, 2012)
U.S. Economy
- Last month, on a seasonally adjusted annual basis, there were 211,000 more housing permits issued than completed housing units. This the highest the spread has been since November 2005 Valeo Financial Advisors
- Initial claims for unemployment benefits rose to 388,000 from previous week’s 342,000 St. Louis Federal Reserve
- US Industrial Production Rises 0.4%, Beats Forecast CNBC
- U.S. retail sales climbed more than expected in September Bloomberg
Personal Finance
- IRS raises 401(k) contribution limit to $17,500 Yahoo! Finance
- Five issues that could derail your refinancing Reuters
- Making modest contributions to a Roth IRA during a child’s teenage years can add up. Market Watch
Miscellaneous
- All The Money The Government Is Printing This Year, In One Graphic Planet Money
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