In this week’s installment of our PureVest Weekly Roundup, we looked at the better than expected inflation date for July as gasoline prices continued to fall.  With stocks still down sharply for 2022 the ultra rich have been increasing their holdings.  Disney just passed Netflix with 221 million streaming subscribers; and are  planning to hike prices.  We also looked at who will be eligible for a $7500 tax credit for buying an electric vehicle; and Apple plans a big rollout of the upcoming I-phone 14.  There are a few more articles we found interesting this week and we wrapped it up with some context on the current state of the mortgage market.  Enjoy the light reading and have a great weekend! 

Markets & Economy:

 Consumer prices rose 8.5% in July, less than expected as inflation pressures ease a bit
source:www.cnbc.com
Tiger 21, an exclusive club of investors, says the ultra rich are doubling down on stocks
source:www.cnbc.com

Disney has surpassed Netflix in overall streaming subscribers

source:www.qz.com

Buying a car and want to go electric? Inflation Reduction Act extends $7,500 tax credit — but with price, income caps
source:www.cnbc.com

Apple tells suppliers to make at least 90 million iPhone 14 units
source: www.9to5mac.com

Inflation and recession risk mean buy now, pay later isn’t going anywhere: report

source: www.foxbusiness.com

Home prices hit a new record high in the second quarter

source: www.cnn.com 

Education: 

The Most Important Factors Affecting Mortgage Rates

source: www.investopedia.com

Historical Mortgage Rates From The 1970s To 2021: Averages And Trends

source: www.rocketmortgage.com