The Week in Review from Valeo Financial Advisors (September 19, 2014)
September 19, 2014    Disclosures    POSTED IN  Markets

U.S. Economy

  • Household wealth rose to a record level reaching $81.5 trillion during the second quarter of 2014 USA Today
  • The Federal Open Market Committee cut the stimulative monthly bond buying program from $25 billion to $15 billion Bloomberg
  • After surging in July new housing starts fell in August Reuters

U.S. Consumer and Producer Prices

  • Consumer inflation fell in August for the first time in more than a year Bloomberg
  • Producer prices were flat last month CNBC

U.S. Labor Market

  • Thirty-five states saw payroll growth during the month of August indicating signs of strength in the economy Bloomberg
  • North Dakota has the lowest unemployment rate at 2.8% while other states begin to see a decline as well Wall Street Journal

Around the World

  • Pressure is being placed on Berlin and Tokyo to stimulate growth Reuters
  • “Slowing investment and resilient consumption in China are changing Asia’s economic order” The Economist
  • Scotland votes no in a independence referendum CNN
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