Are you ready for some FOOTBALL? Week 1 kicks off this weekend but first things first… Our PureVest Weekly Roundup looks at news from AAPL, AMZN, GOOG, and TSLA. It’s important to keep a close eye on these large caps as they have such a big impact on the markets. The European Central Bank followed our Federal Reserve as they hiked their benchmark interest rates by 75 basis points in an effort to combat inflation. Jerome Powell reiterated his commitment to fighting inflation. We also looked at why the U.S. dollar has been so strong; and why there is a good chance it will remain strong. The dollar has a big impact on any earnings that an American company generates overseas. If you are looking for a way to take money out of your retirement accounts before you reach age 59 1/2 then a 72T distribution might be your best option. Read the article in our education section to learn more. Enjoy the light reading and have a great weekend!
Markets & Economy:
Apple debuts iPhone 14 Pro and iPhone 14 Pro Max
source:www.cnbc.com
Google CEO says he hopes to make company 20% more efficient, hints at potential cuts
source:www.cnbc.com
Amazon CEO Andy Jassy says he has no plan to force workers to return to the office
source:www.cnbc.com
Tesla plans a ‘license to print money’ aka lithium refining factory in Texas
source:www.electrek.com
European Central Bank raises rates by 75 basis points to tackle soaring inflation
source: www.cnbc.com
Powell says the Fed won’t be distracted by politics as it moves ‘strongly’ to bring inflation down
source: www.marketwatch.com
Nothing Will Stop The Dollar From Getting Stronger
source: www.fa-mag.com
Education:
What Is Rule 72(t) Distribution?
source: www.investopedia.com
Just For Fun:
The 2022 N.F.L. Season Is Ready to Launch
source: www.nytimes.com
2022 NFL schedule: Date, times, TV channel, live stream, matchups for all 272 games
source: www.cbssports.com