| Stocks were in “pull-back” mode all week long. Equities, rates, gold, and crypto were down despite NO REAL defining reason for the selloff. This often happens at this time of the year and should not be considered a pivotal point for markets until further notice. Our PureVest Weekly Roundup looked at the week’s headlines. Tariffs on Canada, China, & Mexico could take effect early next week. Nvidia sold off despite posting a solid earnings report. S&P earnings collectively grew at a nearly 16% rate for the 4th quarter. On Wednesday, the House passed Trump’s budget bill. Extending tax cuts and removing federal income tax on OT pay & social security were in the bill. Bitcoin showed its volatility, losing nearly 16% of its value in the past 5 trading days. Enjoy the light reading, and have a great weekend. If you have any questions about what you should be doing while the market is pulling back or what to look for going forward, reach out to us. Now is a great time to review your portfolio and evaluate your investments. We are here to help! |
| Markets & Economy: Trump signals Canada, China and Mexico tariffs could take effect next week, with ‘reciprocal’ duties planned for April source:cnbc.com Nvidia sales grow 78% on AI demand, company gives strong guidance source:www.cnbc.com Of the 466 companies in the S&P 500 that have reported earnings for 24Q4, 74.5% beat analyst expectations source:www.lipper.alpha.com State Street, Apollo’s Private Credit ETF Raises SEC Concern source:www.fa-mag.com What’s in the House GOP’s budget resolution? Here’s what to know source:cbsnews.com Bitcoin’s slide continues as traders eye further big falls ahead source:www.businessinsider.com |