The Week in Review from Valeo Financial Advisors (October 31, 2014)
October 31, 2014    Disclosures    POSTED IN  Markets

U.S. Economy

  • The U.S. economy grew at annual pace of 3.5% during the third quarter The Washington Post
  • For the 29th month in a row, inflation in the U.S. comes in below the 2% target set by the Federal Reserve The Wall Street Journal
  • Consumer spending fell in September as the savings rate increased CNBC
  • Gas prices are below $3 a gallon through much of the U.S. as crude oil continues to fall in price USA Today

Central Banking Around the Globe

  • As the U.S. Federal Reserve ended its third stimulus plan The New York Times
  • … The Bank of Japan upped its latest stimulus plan to $80 trillion Yen Bloomberg
  • … and the European Central Bank, to date, has restrained CNBC
  Legal, Privacy and Compliance Documents