First and foremost… Our thoughts and prayers are with everyone affected by Hurricane Ian this week! We hope you and your loved ones are safe.

Our PureVest Weekly Roundup looked at the latest inflation data from August. In a surprising move, the Bank Of England intervened this week by buying short-term bonds amid a continued decline in their currency. This shows that central banks worldwide are still ready and willing to step in and help markets and economies when necessary. As mortgage rates jumped to close to 7%, many economists predict a buyer’s market will emerge in 2023. We added two articles about the fixed income markets; and an explanation of what I-Bonds are. They are very attractive right now, with yields close to 10%, but there are limits on how much you can buy. Our latest blog post is below; we looked at the data from the bear markets of the past 50 years. Enjoy the light reading, and have a great weekend!

Markets & Economy:

Consumer spending rose in August even as inflation rebounded
source:www.thehill.com
Bank of England intervention should be ‘sufficient’ to calm market chaos
source:www.cnbc.com
Most economists see the U.S. turning into a buyer’s housing market in 2023.
source:www.morningstar.com
Analysis: Bond bear market: ‘Worst year in history’ for asset as inflation bites
source:www.reuters.com

Senators Are Fighting to Help You to Buy More I Bonds Soon
source: www.yahoo.com

Education:

I Bond: What It Is, How It Works, Where to Buy

source: www.investopedia.com 

Education: 

I Bond: What It Is, How It Works, Where to Buy

source: www.investopedia.com 

PureVest Blog: 

Bear Markets Of The Last 50 Years…
source: www.PureVest.net 

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