The Week in Review from Valeo Financial Advisors (October 5, 2012)
U.S. Economy
- With earnings season starting next week, here is a look at year over year aggregate corporate profit growth since 1952 Valeo Financial Advisors
- September payrolls +114,000, unemployment rate drops to 7.8% FT Alphaville
- U.S. manufacturing increased more than expected in September Bloomberg
Personal Finance
- What’s Your Magic Number? The Wall Street Journal
- If 2001 tax cuts expire the average federal tax increase is expected to be +$3,446. Lowest 20% of income distribution +$412; Middle 20% +$1,984; Highest 20% +$14,173 Tax Policy Center
- Mortgage Prepayment Rate Reaches Highest Level Since 2005 Bloomberg
- Benefits and Pitfalls of Intra-Family Loans CFA Institute
Miscellaneous
- How oil gets to Cushing, OK BloombergBusinessweek
Follow us on Twitter @valeofinancial