| Our PureVest Weekly Roundup looked at billionaire investor David Tepper’s comments on the Fed. He believes they will continue lowering rates to maintain credibility. A potential port strike can happen as soon as Tuesday if a deal si not reached. A port strike will impact supply chains and shipping, driving higher prices for end consumers. China announced a massive stimulus plan to combat its struggling economy and falling real estate prices. China stimulus packages are significant as many of our companies derive much of their sales from China. Micron pooped following solid earnings on the back of AI. We wrapped it up with an article explaining the potential ramifications if Congress doesn’t extend or amend Trump’s tax cuts and Jobs Act policy. Enjoy the light reading, and have a great weekend! ** Be on the lookout for an email next week with our new video… “Rate Cuts & Your Money” |
| Markets & Economy: David Tepper says the Fed has to cut rates at least two or three more times to keep credibility source:www.cnbc.com Looming port strike: What to know about the potential work stoppage source:www.foxnews.com China unleashes boldest stimulus in years to boost ailing economy source:www.theguardian.com Family offices are the most bullish they’ve been in years, survey says source:www.cnbc.com Micron stock soars as Q1 revenue forecast tops analyst estimates source:www.yahoofinance.com Wall Street’s ETF Assets Hit $10 Trillion Milestone source:www.fa-mag.com Five observations on the expiration of the Tax Cuts and Jobs Act (TCJA) source:www.advisorperspectives.com |