On the last day of the first quarter, our PureVest Weekly Roundup looks at the key storylines that have dominated the news in 2023. Inflation continued to ease, the Fed is at a crossroads, earnings season gets underway next week, and investors piled into “CASH.” With tax day 2022 approaching, we added some essential info that might be helpful. Also, the U.S. semiconductor index hit its highest level in nearly a year as these cyclical companies continue to show strength; semiconductors are more sensitive to changes in our economy and often offer a heads-up to what is on the horizon. Enjoy the light reading, and have a great weekend.
*Keeping up with our goal of informing you, PureVest text messages will roll out soon. Be on the lookout for timely notifications from us.
Markets & Economy:
Key Fed inflation gauge rose less than expected in February
source:www.cnbc.com
2023 Quarterly Market Outlook: Fed on the Brink?
source:www.schwab.com
What Should Investors Expect For the 2023 Q1 Earnings Season?
source:www.nasdaq.com
BofA Says Investors Poured $508 Billion Into Cash This Quarter
source:www.fa-mag.com
If you can’t make the tax deadline, here’s how to file a federal extension for free
source:www.cbc.com
US semiconductor index hits highest in nearly a year on hopes for industry turn
source:www.reuters.com
Education:
What Is Stagflation, What Causes It, and Why Is It Bad?
source:www.investopedia.com
* April 18th is the last day that you can contribute to an IRA for 2022. Here are the contribution limits that you need to know.
