Our PureVest Weekly Roundup looked at the October jobs report, which was stronger than expected. On Wednesday, the Federal Reserve hiked interest rates by another 75 basis points; read how this will directly impact you. We also added an update on the state of the housing market and what you can expect over the next few years. Starbucks reported better than expected earnings, China’s zero Covid policy explained, and a look at how midterm elections have historically affected the stock market… Following 17 of the last 19 midterm elections, stocks performed well six months later. We wrapped it up with an explanation of how target-date funds work and gave some pros and cons.  Last but not least, A very Happy Birthday to Michael. Enjoy the light reading, and have a great weekend! 

Markets & Economy:

 U.S. payrolls surged by 261,000 in October, better than expected as hiring remains strong
source:www.cnbc.com
Here’s what the Federal Reserve’s fourth 0.75 percentage point interest rate hike means for you
source:www.cnbc.com
Housing market predictions: the forecast for the next 5 years
source:www.bankrate.com
Starbucks stock is popping after earnings set ‘a high bar’
source:www.yahoofinance.com

Despite Costs, Xi Defends China’s Zero-COVID Policy 
source: www.voanews.com

Here’s how the midterms will affect the stock market
source:www.foxbusiness.com

Education: 

 Target-Date Funds: Advantages and Disadvantages

source: www.investopedia.com

Target date retirement funds work up to a point. Here’s when you may want to reconsider

source: www.cnbc.com

Just For Fun: 

 World Series Facts for 2022 – Astros vs Phillies

source: www.wallethub.com 

Happy 6th Birthday To Michael Gitter!