Weekly Roundup 2/14/25

Our PureVest Weekly Roundup looked at Trump’s latest tariff announcement from the Oval Office on Thursday afternoon.  He plans to implement reciprocal tariffs on any country that taxes US imports.  A bill was reintroduced into Congress that targets eliminating the tax on all social security benefits.  Retail sales ticked down in January after a solid report for December.  Robinhood’s revenues jumped 115% as the online brokerage swung to a profit.  Housing inflation is improving, which is a positive sign on the inflation front.  Enjoy the light reading, and have a great weekend.
Markets & Economy:

Trump launches plan to target countries with reciprocal tariffs
source:bbc.com
Will Retirees Stop Paying Tax on Social Security Next Year?
source:www.kiplinger.com
Retail sales slumped 0.9% in January, down much more than expected
source:www.cnbc.com
CNBC’s Official NBA Team Valuations 2025: Here’s how the 30 franchises stack up
source:www.cnbc.com
Robinhood Soars To High As Trump Bitcoin Rally Fuels Earnings Boom
source:investors.com
The Biggest Driver Of Inflation Is Getting Less Severe
source:www.investopedia.com
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