The Week in Review from Valeo Financial Advisors (October 23, 2015)
U.S. Economy
- The Leading Economic Index fell slightly in September. CNBC
- Construction labor shortages are adversely affecting home builders. WSJ
- Jobless claims rose slightly but fell below estimate. CNBC
Around the World
- China’s central bank lowers interest rates. Bloomberg and Reuters
- Euro zone business growth increased by more than expected in October, but inflation remains low. Reuters
- The European Central Bank may extend its quantitative easing program. Economist
- The US and EU plan to end Transatlantic Trade and Investment Partnership talks by the end of 2016. Reuters
Personal Finance