Weekly Roundup 7/22/22

 In this week’s installment of our PureVest Weekly Roundup we looked at news from some of the key market stocks.  The Federal Reserves’ next meeting is slated for next week; and Jerome Powell is expected to announce a .75 bps interest rate hike.  We also added a great article about the current state of the Oil market and how the United States is the leading producer by a wide margin; yet still relies on other countries for imports.  Our newest blog post about how a high earner can still contribute to a ROTH IRA is below; followed by another article that simply explains the differences between a Traditional and ROTH IRA.  For all the Baseball fans, the second half will be underway by the time you read this and there are some key story lines to watch down the stretch.   Enjoy the light reading and have a great weekend! 

–We encourage your feedback! It would be great to hear some of your thoughts about our ongoing PureVest Weekly Roundups that get sent out every week.  Do you find it helpful and informative? Are there any specific topics you would like to see covered more? Shoot us an email…  [email protected]

Markets & Economy:

Amazon to buy primary health-care provider One Medical for roughly $3.9 billion

 source:www.cnbc.com

Tesla grows revenue 42%, but automotive margins decline

 source:www.cnbc.com

July 2022 Fed Meeting Preview

 source:www.magnifymoney.com 

Senate advances more than $50 billion bill to boost U.S. semiconductor production

 source:www.cnbc.com

Netflix loses fewer subscribers than expected and says cheaper ad tier is coming in early 2023

 source: www.cnbc.com

 The US is the world’s biggest oil producer — so why do we still need to import crude and ask countries like Saudi Arabia for help?

 source: www.yahoo.com

Education: 

New Blog Post: PureVest Original Content

How To Get Around ROTH Income Limits…

 source: www.PureVest.net

Roth IRA vs. Traditional IRA: What’s the Difference?

 source: www.investopedia.com 

 Just For Fun: 

You ready for a frantic finish to the MLB season? It’s going to be epic!

 source: www.si.com 

Can anyone catch the New York Yankees? Second-half preview, rankings, playoff odds for all 30 MLB teams

 source: www.espn.com 

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