The Week in Review from @valeofinancial (8-12-11)
August 12, 2011    Disclosures    POSTED IN  Markets

This week from the @valeofinancial Twitter feed 

European Debt Issues

  • The Size of PIIGS Valeo Financial Advisors
  • ECB pledges to purchase Spanish & Italian debt to lower interest rates. BusinessWeek Rates drop in Italy and Spain
  • France, Belgium, Italy and Spain to Temporarily Limit Short-Selling
  • Greek Economy Shrinks by 6.9% Wall Street Journal
  • Michael Lewis’s latest financial-disaster travel guide: “It’s the Economy, Dumkopf!” Vanity Fair

United States

  • Retail & Food Sales increase by 0.5% in July. Chart of change and levels over past 4+ years
  • Consumer confidence drops in August Calculated Risk
  • Fewer Foreclosures Started As Bank Delays Continue NPR
  • The U.S. trade deficit widened in June. Cleveland Federal Reserve
  • Productivity declined in Q2 2011 by -0.3%. Q1 2011 revised from +1.8% to -0.6% U.S. Bureau of Labor Statistics

China

U.S. Equity Markets

  • Equity Market Volatility Picks Up Yahoo! Finance
  • Apple briefly edged past Exxon Mobil to become the most valuable company in the World Reuters

Other

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