Weekly Roundup 1/17/25

This week was very positive for markets, the economy, and geopolitics. Our PureVest Weekly Roundup looked at the key points to take away.  Stocks had their best week since November and posted the first winning week of 2025.  Inflation slowed to beat expectations. The big financial companies kicked off earnings season by reporting much better earnings and guidance.  China’s GDP grew 5.4% on the back of their recently announced stimulus plans.  Oil dropped after a cease-fire agreement in Gaza.  President Trump officially takes office on Monday; we added three articles surrounding his upcoming inauguration.  Enjoy the light reading, and have a great weekend.
Markets & Economy:

Stock market today: Wall Street climbs and is headed for its first winning week of 2025
source:daytondailynews.com
Core inflation rate slows to 3.2% in December, less than expected
source:www.cnbc.com
Goldman Sachs, JPMorgan Crush Views In Slew Of Bank Earnings
source:www.investors.com
China’s fourth-quarter GDP grows at 5.4%, beating market expectations as stimulus measures kick in
source:www.cnbc.com
Trump and China’s Xi discuss TikTok, trade, fentanyl, president-elect says
source:www.cnbc.com
Elon Musk, Jeff Bezos and Mark Zuckerberg to attend Trump’s inauguration
source:www.cnbc.com
Oil prices drop after Gaza cease-fire agreement, increased OPEC production data
source:www.aa.com
Trump’s pick for Treasury Secretary is Scott Bessent. Here’s what to know
source:www.npr.org
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