Our PureVest Weekly Roundup looked at August’s jobs report. Mortgage refinance demand is up 94% as rates continue to tick lower. Chip giant Broadcom said they expect $12 billion in AI-related sales this year. Kamala Harris unveiled her “tax plan” this week. Traders at Citigroup are betting on as many as three half-point rate cuts this year; this goes to show how much the narrative surrounding interest rates has shifted as of late. Money continues to flow into money market assets… Will the trend shift when rates are cut? Oil was down all week, even as Opec delayed planned production hikes. Are you ready for some Football? Check out what your favorite team is worth and preview the upcoming season! Enjoy the light reading, and have a great weekend! |