Our PureVest Weekly Roundup looked at the latest quarterly earnings and outlooks for Walmart & Target. Walmart had a solid report, generating over 50% of its revenues from groceries. Economists lifted their U.S. GDP forecasts by more than triple. Treasury yields rose to a 14-month high, and mortgage rates are closing in on a 21-year high; Is a stronger-than-expected economy driving this? As the market continued its recent pull-back, Bitcoin dropped over 10% for the week; again proving it’s nothing more than a risk asset. Be sure to check out an article on Financial Planning. You can find our PureVest Financial Plan Fact Finder below, a great tool to help you start your planning. Enjoy the light reading, and have a great weekend!
Markets & Economy:
Walmart and Target face similar problems — but only one is thriving
source:www.cnbc.com
Economists Lift U.S. Growth Forecasts, See Fed Higher For Longer
source:www.fa-mag.com
U.S. Treasury yields rise to highest since October
source:www.cnbc.com
Bitcoin heads for its worst week since May after sliding to $26,000
source:www.cnbc.com
Mortgage Rates Rise to Near a 21-Year High
source:www.investopedia.com
What are The Best and Worst Months for the Stock Market?
source:www.wallstzen.com
Education:
What Is a Financial Plan?
source:www.investopedia.com
At PureVest, we believe a Financial Plan is something everyone should have in place. Our worksheet can help you get started, and if you have any questions or want to discuss your financial picture in detail, please reach out… We are here to help!
PureVest Financial Plan Fact Finder