Weekly Roundup 10/28/22

Our PureVest Weekly Roundup looks at the reading on third-quarter GDP, which signaled economic growth after two-quarters of negative growth. Big tech (META, AMZN, GOOG, MSFT, AAPL) reported earnings this week. Elon Musk is the official new owner of Twitter, taking the company private and cleaning house in his first 24 hours. Pending home sales declined again as high mortgage rates and prices continued to impact housing affordability. With 11 days until the midterm elections, we added an article highlighting key trends heading into election day. We reposted our latest PureVest blog post and wrapped it up with information on how your social security benefits are taxed at the Federal and State levels. Enjoy the light reading, and have a great weekend! 

Markets & Economy:

 U.S. GDP accelerated at 2.6% pace in Q3, better than expected as growth turns positive
source:www.cnbc.com
‘Safe port in the storm:’ Why Apple didn’t get hammered after earnings, while Amazon, Google and Facebook did
source:www.cnbc.com
Elon Musk completes Twitter takeover and ‘fires top executives
source:www.theguardian.com
Pending home sales fell 10% in September, much worse than expected
source:www.cnbc.com

2022 Midterm Elections: Key Takeaways Heading Into November 8th
source: www.morningconsult.com

PureVest Blog Post: “IRS Adjustments For 2023; What Matters To You…”

source: www.PureVest.net 

Education: 

Income Taxes And Your Social Security Benefit

source: www.ssa.gov.

How Does Your State Treat Social Security Income?

source: www.taxfoundation.org 

Ready, Aim, Retire: 

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