The Week in Review from Valeo Financial Advisors (September 26, 2014)
U.S. Economy
- Sales of new homes in the U.S. in August reached the highest level in six years. Bloomberg
- The growth in the U.S. economy during the second quarter was revised higher. The result was the second highest rate since 2006. The Wall Street Journal
Around the World
- The U.S. dollar continues to trade higher against major currencies The New York Times
- Inflation slips lower in Japan despite the Bank of Japan continuing in its efforts to drive it higher MarketWatch
- Manufacturing in China rebounded this month, but employment fell to a five year low Reuters
- All eyes are on the Germany economy, the core of the Eurozone International Business Times