In this week’s installment of our PureVest Weekly Roundup we looked at the strong jobs report from today. Despite recession fears, retailers are forging ahead as new store openings are outpacing closures by a wide margin. Democrats said they have reached an agreement on a new economic package; although it’s drastically scaled back from Biden’s initial plans. Ford’s stocked shined this week as they reported a big jump in sales for July. With the term “RECESSION” being thrown around so much lately we added three articles surrounding this topic in the Education section. Read all of them for a better idea as to why people are debating if we are actually in a recession or not; as well as what you can possibly expect from the market moving forward. Enjoy the light reading and have a great weekend!
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Markets & Economy:
Payrolls increased 528,000 in July, much better than expected in a sign of strength for jobs market
source:www.cnbc.com
Mall owners say retailers are still opening stores in spite of recession fears
source:www.cnbc.com
Democrats Say They’ve Reached an Agreement on an Economic Package
source:www.cnn.com
Today’s economic data compared with recessions over the past 50 years
source:www.washingtonpost.com
Ford reports big jump in July sales, including for trucks and electric vehicles
source: www.cnbc.com
Education:
source: www.investopedia.com
How Stocks Perform Before, During, And After Recessions May Surprise You
source: www.forbes.com
These charts show why we may not be in a recession
source: www.cnbc.com