Our PureVest Weekly Roundup looked at April’s jobs number, which beat expectations. Jerome Powell and the Federal Reserve hiked interest rates for a 10th consecutive time, bringing them to a 16-year high. Apple reported good earnings last night on strong iPhone sales; the stock responded positively. Used car prices fell in March, another sign that inflation is dropping. How much money should you have in your savings account? We added an article with some good questions for you to ask yourself on this topic. Should you be invested in Gold?; we have been getting more and more questions about this asset class lately, so we added some articles for you. Read about the pros and cons and check the long-term performance of Gold below. Enjoy the light reading, and have a great weekend.
Markets & Economy:
Federal Reserve raises interest rates to 16-year high as fight to tame inflation persists
source:www.nbcnews.com
Job growth totals 253,000 in April, beating expectations
source:www.cnbc.com
Apple iPhone sales inch up, bolstering results amid shaky economy
source:www.reuters.com
Used vehicle prices fell last month for the first time in 2023
source:www.cnbc.com
Super savers: How much is too much to put in a savings account?
source:www.bankrate.com
Home prices are back on the rise as the spring market proves more competitive than expected
source:www.cnbc.com
Education:
Pros and cons of investing in gold
source:www.cbsnews.com
Has Gold Been a Good Investment Over the Long Term?
source:www.investopedia.com
Gold Price vs Stock Market – 100 Year Chart
source:www.macrotrends.net