The Week in Review from Valeo Financial Advisors (October 24, 2014)
October 24, 2014    Disclosures    POSTED IN  Markets

Personal Finance

  • Your “advisor” is either a fiduciary (required to act in your best interest) or they are not The New York Times
  • Half of middle-class adults in their 50s say they will work until they are at least 80 years old because they will not have enough saved for retirement USA Today

U.S. Economy

  • The four week average for initial unemployment claims in the U.S. sank to the lowest level since May 2000 Calculated Risk
  • Sales of existing home sales in the U.S. rose to the highest level since September 2013 Bloomberg
  • Consumer prices only rose marginally in September The New York Times

Around the World

  • Economic growth in the U.K. slowed down in the third quarter due to obstacles blocking recovery Bloomberg
  • The European Central Bank’s two-part audit results are set to be released on October 26 The Washington Post
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