In this week’s installment of our PureVest Weekly Roundup we take a look at how our jobs market is remaining strong and defying the looming recession fears. Gasoline futures fell after the holiday weekend which signal some relief at the pump could be on the way. We also looked at what the Fed said in their June meeting on interest rates; and as rates remained elevated mortgage applications fell again. Chip stocks and electric vehicle stocks rose on the heels of some positive news in their sectors. We wrapped it up with 2 quick reads on Life Insurance and re-posted our latest blog post in case you haven’t read it yet. Enjoy the light reading and have a great weekend!
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Markets & Economy:
Payrolls increased 372,000 in June, more than expected, as jobs market defies recession fears
source:www.cnbc.com
Gasoline futures are dropping, which could mean more relief at the pump
source:www.cnbc.com
Key Takeaways From Minutes of Fed’s June Interest-Rate Meeting
source:www.bloomberg.com
The job market is still ‘red hot’ despite recession fears, as the Great Resignation continues
source:www.cnbc.com
Mortgage applications fall for second straight week
source: www.thehill.com
Samsung’s ‘better than feared’ earnings spur chip stock rally
source: www.cnbc.com
Tesla, other EV stocks rally after China signals support for its auto industry
source: www.marketwatch.com
Education:
source: www.investopedia.com
How Much Life Insurance Should You Carry?
source: www.investopedia.com
New Blog Post:
source: www.PureVest.net