| Our PureVest Weekly Roundup looked at December’s jobs report, which crushed expectations. The unemployment rate ticked down to 4.1%. Although this sent the market lower on Friday, it is a strong signal for our economy. Mortgage rates have been creeping closer and closer to 7% again. It’s important to remember that higher rates are justified because we have a strong economy. Oil spiked on fears of increased sanctions on Russia. We added some positive articles on Disney and Delta Airlines. If you contribute to your IRA, now might be the best time to make your contribution. Read the article below, which lays out some simple but TRUE logic. Enjoy the light reading, and have a great weekend. |
| Markets & Economy: U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1% source:cnbc.com Mortgage rates rise for fourth straight week, inching closer to 7% source:www.foxbusiness.com Delta outlook tops estimates as CEO expects 2025 to be airline’s ‘best financial year in our history source:www.cnbc.com Los Angeles Wildfires Loss Estimate Now Up to $150B as Death Toll Rises source:www.investopedia.com Oil jumps more than 4%, Brent breaks $80 as traders worry about tougher Russia sanctions source:www.cnbc.com The Best Time of Year to Contribute to Your IRA Is Now source:www.msn.com Here are big changes retirees can expect from Social Security and Medicare in 2025 source:www.cnbc.com Disney says about 157 million global users are streaming content with source:www.cnbc.com |