Our PureVest Weekly Roundup looked at the announcement from the Federal Reserve to halt their interest rate hiking cycle, which began 15 months ago. Inflation rose at its slowest pace in 2 years as Oil prices remained low. The Nasdaq’s excellent 2023 continued this week as Microsoft hit a new record high. We also looked at an update on mortgage rates and what you can expect after the Fed’s pause. BlackRock filed for a new Bitcoin ETF. Regulation is coming, but BlackRock is the latest money manager to bet that people will want to own the cryptocurrency for years to come. If you haven’t already done so, download our FREE report on the “7 Critical Questions To Ask Before Retirement”. Enjoy the light reading, and have a great weekend.
Markets & Economy:
Federal Reserve pauses interest rates after 15 months of hikes
source:www.abcnews.com
Inflation rose at a 4% annual rate in May, the lowest in 2 years
source:www.cnbc.com
Microsoft’s stock hits record after executives predict $10 billion in annual A.I. revenue
source:www.cnbc.com
As Fed Pauses Rate Hikes, Mortgage Rates Could Stabilize
source:www.nerdwallet.com
High-yield savings account vs. money market fund: Which is better?
source:www.bankrate.com
BlackRock files for spot bitcoin ETF
source:www.cnbc.com
Education:
Capital Gains Tax: What It Is, How It Works, and Current Rates
source:www.investopedia.com
PureVest Report:
We put together a FREE report on the top questions you should be asking as you plan your retirement. Download your copy now!
7 Critical Questions To Ask Before Retirement
Happy Father’s Day from PureVest
We hope that you enjoy your day!
