Our PureVest Weekly Roundup looked at what history says about stock returns for the rest of the year following a solid first half of gains. First quarter GDP was revised higher to 2%, defying the continued recession calls. Apple became the first company to top a value of 3 trillion dollars; they were the first to top 2 trillion dollars in 2020. The 23 largest banks passed the latest round of Federal Reserve stress tests earlier this week. The Nasdaq has had its best first-half since 1983. Our education section gives an insight into market sentiment and what you can use to gauge it. 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 happy and healthy long holiday weekend.
Markets & Economy:
History Suggests Stocks Could Keep Rising in the Second Half of 2023
source:www.cnbc.com
First-quarter economic growth was actually 2%, up from 1.3% first reported in major GDP revision
source:www.cnbc.com
Apple’s market cap tops $3 trillion
source:www.cnbc.com
Supreme Court strikes down Biden’s student loan forgiveness plan
source:www.businessinsider.com
Federal Reserve says 23 biggest banks weathered severe recession scenario in stress test
source:www.cnbc.com
source:www.barrons.com
Education:
Understanding Market Sentiment
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
