The Week in Review from @valeofinancial (8-26-11)
This week from the @valeofinancial Twitter feed
United States Economy
- Investigating recent subpar U.S. economic growth Valeo Financial Advisors
- How long it might take to narrow the gap between actual economic output & potential output. Atlanta Fed
- Personal consumption & housing remain weak, but led by production the Chicago Fed National Activity Index increased to -0.06 in July. Chicago Fed and Valeo Financial Advisors
- Jobless Claims in U.S. Rise to 417,000 Bloomberg
Federal Reserve, Jackson Hole and Banking
- Jackson Hole: the rural retreat that Wall Street will be watching closely Guardian
- Bernanke’s Jackson Hole speech text The New York Times
- FDIC: Fewer Banks In Trouble, But Earnings Slow NPR
- The Fed’s Secret $1.2 Trillion in Liquidity Lifelines from Bloomberg
Housing
- U.S. new-home sales drop a surprising 0.7% in July, down for third consecutive month MarketWatch
- Foreclosures A Third Of Sales; Mortgage Rates Rise NPR
Financial Planning
- More parents turning to financial advisors for college savings planning Advisor One
Other
- Growth of newspapers across the United States Flowing Data
- List of the biggest employers around the world from The Economist