Weekly Roundup 12/8/23

Our PureVest Weekly Roundup looked at the latest employment report, which signaled faster-than-expected job growth and lower unemployment rates in November. On Friday, a University of Michigan survey showed a significant expected drop in inflation in 2024. AMD had a big week as they unveiled their latest AI chip, which will challenge NVIDIA, the current leader. RMDs from retirement accounts must be processed by December 31st; we added a blog post from PureVest that covers what you need to know. High-interest rates made 2023 the least affordable homebuying year in over a decade. Enjoy the light reading, and have a great weekend!

Markets & Economy:

Job creation showed little signs of a letup in November, as payrolls grew even faster than expected and the unemployment rate fell
source:www.cnbc.com
AMD Stock Surges With Microsoft, Meta, and OpenAI Set to Use Its Latest AI Chip
source:www.investopedia.com
Inflation expectations plunge in closely watched University of Michigan survey
source:www.cnbc.com
Google launches Gemini, the AI model it hopes will take down GPT-4
source:www.theverge.com
RMD’s… What You Need To Know
source:www.PureVest.net
2023 was the least affordable homebuying year in at least 11 years, Redfin says
source:www.cnbc.com
Gas Under $3 Is Becoming the Norm In Much of the US
source:www.investopedia.com

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