Weekly Roundup 4/12/24

Our PureVest Weekly Roundup looked at the hotter-than-expected inflation numbers announced this week. Although the overall inflation trend remains lower, this is the third consecutive month of higher-than-expected inflationMany attribute this to a strong economy. Gold and oil remained in focus this week; mortgage rates hit a 6-month high. We added an article that outlines how the stock market has performed in years past, headed into… and out of TAX DAY. Apple looks to revive its slumping Mac computer sales with an AI-driven chip. Enjoy the light reading, and have a great weekend.

Markets & Economy:

The consumer price index, a key inflation gauge, rose 3.5% in March
source:www.cnbc.com
Gold rises to more than $2,400 amid Middle East tensions
source:www.investmentnews.com
Why Oil Prices Have Been Rising Recently
source:www.nytimes.com
Mortgage rates hit highest level since November after hot inflation report
source:www.thehill.com
How tax season affects the stock market – and why
source:www.bankrate.com

Apple Plans to Overhaul Entire Mac Line With AI-Focused M4 Chips

source:www.yahoofinance.com

Why Analysts Are Confident in Nvidia Despite Stock’s Recent Correction

source:www.investopedia.com

BlackRock assets hit record $10.5 trillion as markets surge

source:www.reuters.com

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