Our PureVest Weekly Roundup looked at the fourth quarter GDP, which came in better than expected. The Federal Reserve’s key inflation indicator eased in December. What is the “January Barometer,” and what is it predicting for 2023? Earnings season continued to heat up as Intel disappointed; American Express raised their guidance for 2023. Big oil companies are reporting record profits. Home builders’ confidence ticked up for the first time in 12 months as mortgage rates continued to tick lower. We added an article explaining stock buybacks and why companies love them. PureVest is still offering FREE portfolio reviews through next week. Get on our calendar now and schedule an intro call. Enjoy the light reading, and have a great weekend.

Markets & Economy:

U.S. GDP rose 2.9% in the fourth quarter, more than expected
source:www.cnbc.com
Key Fed inflation measure eased in December
source:www,cnbc.com
What the “January Barometer” Predicts for the Market
source:www.nasdaq.com
Intel stock tumbles after brutal results
source:www.cnbc.com
American Express issues strong 2023 guidance, to boost dividend
source:www.seekingalpha.com

Big Oil poised to smash annual profit records — sparking outcry from campaigners and activists

source:www.cnbc.com

Market confidence rising among home builders for first time in 12 months

source:www.bankrate.com
Schedule Your Portfolio Review: Offer Expires January 31st
source:www.purevest.net

Education:

Buyback: What It Means and Why Companies Do It

source:www.investopedia.com

Just For Fun:

How the NFL Makes Money
source:www.investopedia.com