| With earnings season in the rear view, markets turned their attention back to IF and WHEN the Fed cuts interest rates. Our PureVest Weekly Roundup looked at May’s non-farm payroll numbers, which showed that employers created much better-than-expected 272,000 jobs. We added a preview of Jerome Powell and the Federal Reserve’s upcoming meeting. A good article about when mortgage rates can be expected to drop lays out some probable scenarios. Apple’s annual worldwide developers conference kicks off next week, the big focus will be AI… Shocker!! Our education section looks at the relationship between Bond prices and yield. Enjoy the light reading, and have a great weekend. |
| Markets & Economy: U.S. adds a much-better-than-expected 272,000 jobs in May, but unemployment rate edges up to 4% source:www.cnbc.com What to Expect at Apple’s WWDC 2024 source:www.thewired.com What You Need To Know Ahead of Nvidia’s 10-for-1 Stock Split on Friday source:www.investopedia.com When will mortgage rates go down? A look at 2024 and 2025 source:www.yahoofinance.com What to Expect From Next Week’s Fed Meeting on Interest Rates source:www.investopedia.com Citadel Securities and BlackRock back project to start a national stock exchange in Texas source:www.cnbc.comThe Social Security COLA Forecast for 2025 Was Just Updated. Here’s the Good News and Bad News for Retireessource:www.motleyfool.com Education:Bond Prices vs. Yield source:www.investopedia.com |