Our PureVest Weekly Roundup looked at Ford’s sales, which jumped in January as they reported an improvement in their ongoing supply chain issues. Interest rates rose across the board this week, leading to the entire treasury market yielding above 4%. Salesforce stock jumped higher on blowout earnings and guidance. Warren Buffet preached patience and long-term investing in his annual letter to shareholders. Mortgage rates jumped back above 7%, ending the week at its highest since October. The deadline to max out your retirement accounts for 2022 is April 18th. With all the recent talk about the fixed-income market, we review the critical information regarding yields and prices. Enjoy the light reading, and have a great weekend.
Markets & Economy:
Ford sales jump as supply chain issues improve
source:www.cnbc.com
Entire Treasury Market Yields at Least 4%, Now Including 30-Year
source:www.advisorperspectives.com
When will Supreme Court rule on Biden’s student loan forgiveness plan? Here’s what you need to know
source:www.cnbc.com
Salesforce records best day since 2020 after blowout earnings report
source:www.cnbc.com
Warren Buffett, in annual letter, stays upbeat and preaches patience
source:www.reuters.com
Mortgage rates jump back over 7% as inflation fears drive yields higher
source:www.cnbc.com
There’s still time to max out your retirement accounts for 2022
source:www.cnbc.com
Education:
Annual Percentage Rate (APR): What It Means and How It Works
source:www.investopedia.com
The Inverse Relationship Between Interest Rates and Bond Prices
source:www.investopedia.com