In this week’s installment of our PureVest weekly roundup we take a look at why one economist thinks a recession in 2022 is not in the cards.  One central bank is cutting rates while one is planning to hike this summer.  We also look at just how much high gas prices at the pump are expected to impact your wallet, and interest rates have been declining all week.  There is a good article with some Estate Planning basics and we wrap it up with 80 different things you can enjoy doing this summer  Enjoy the light reading and have a great weekend! 

Markets & Economy:

The US economy is ‘nowhere near a recession this year,’ says an economist
source: www.cnbc.com

U.S. Congress OKs $40 billion in aid for Ukraine

source: www.cnbc.com

One Thing Never to Do When the Stock Market Goes Down
source: www.investopedia.com

China cuts borrowing rate more than expected
source: www.reuters.com

Americans shelling out $5,000 a year on gasoline as prices skyrocket
source: www.FoxBusiness.com

European Central Bank member says to expect first rate hikes this summer

source: www.cnbc.com

10-year Treasury yield dips slightly, continuing trend of falling rates this week

source: www.cnbc.com 

Education: 

Estate Planning: A 7-Step Checklist of the Basics

source: www.nerdwallet.com 

Just For Fun:

 As a long term investor it’s best not to watch the market everyday; especially at times when it’s declining.  FOCUS ON THE BIGGER PICTURE!  Read this list below if you find yourself glued to the screen lately more than you normally are… Doing some of these for yourself or including your grandkids is a far better way to spend your day.

Summer Bucket List Activities: 80 Fun Things to Do this Sunny Season
source: www.bucketlistjourney.com