Weekly Roundup 10/7/22

Our PureVest Weekly Roundup looked at the jobs report for September. Overall, the jobs market remained strong as 263,000 jobs were created while the unemployment rate fell to 3.5%. OPEC decided to cut oil production by 2 million barrels a day, which will put upward pressure on gas prices at the pump. Ford hiked the price of their highly anticipated F-150 electric pickup truck. One of the most respected bond managers came out this week predicting that yields are close to peaking. We wrapped it up with two articles on the JOLTS number, which measures job openings in the country. Enjoy the light reading, and have a great weekend! 

Markets & Economy:

Unemployment rate falls to 3.5% in September, payrolls rise by 263,000 as job market stays strong
source:www.cnbc.com
What does the OPEC+ oil cut mean for US gas prices?
source:www.abcnews.com
Elon Musk is buying Twitter, probably?
source:www.theverge.com
Ford hikes starting price of its electric F-150 Lightning pickup
source:www.cnbc.com

Bill Gross Sides With Pimco Bond Bulls In Seeing Yields Peaking
source: www.fa-mag.com

Education: 

 What Is the Job Openings and Labor Turnover Survey (JOLTS)?

source: www.investopedia.com

Job openings plunged by more than 1.1 million in August
source: www.cnbc.com

Ready, Aim, Retire:
Our private Facebook group is live. Our group is dedicated to all topics related to investing and planning for retirement. Our goal is to build an interactive community where you can learn; and share information and experiences.  
JOIN READY, AIM, RETIRE 

Scroll to Top