The Week in Review from Valeo Financial Advisors (September 4, 2015)
U.S. Economy
- Despite slower job growth in August, unemployment fell and wages slightly improved Reuters and Washington Post
- Key statistics of the August jobs report WSJ
- Using the broad U-6 measure of the unemployment rate to more thoroughly understand the current headline unemployment rate CNBC
- Manufacturing growth falls to 2-year low while construction spending reaches 7-year high CNBC
- US trade deficit falls to lowest level in 5 months CNBC
Around the World
- Central banks around the world struggle to reach inflation goals Bloomberg
- Impacts of Chinese deflation abroad Economist
- India’s economy is facing less adversity than its neighbors but suffers from internal problems Economist
Personal Finance