| Our PureVest Weekly Roundup reviewed these critical headlines from the past week. We looked at how four vital economic issues were addressed by both candidates in the first presidential debate last night. Tax cuts, inflation, and jobs were in focus. Amazon’s stock hit an all-time high Wednesday, surpassing a $2 trillion market cap for the first time. Oil is now above $80 per barrel on the heels of continued tension in the Middle East. Nike got crushed on Friday after a disappointing earnings report. Walmart plans to make a strong push with its private label, “Member’s Mark,” after Costco has been successful with its Kirkland brand over the years. Home sales and prices cooled as rates stayed high while inventory remained low. How are you planning to deal with potential taxes in retirement? We added an article everyone should read about how high pre-tax IRA balances can hurt your pocket later in life. Enjoy the light reading, and have a great weekend. |
| Markets & Economy: How 4 Key Economic Issues Were Addressed in the First Presidential Debate source:www.investopedia.com Amazon tops $2 trillion, joins elite tech club source:www.foxbusiness.com U.S. oil trades near two-month high, heads for third-straight weekly gain on Israel-Hezbollah war fears source:www.cnbc.com Nike Stock Drops on Revenue Miss, Guidance Warning source:www.investopedia.com How Walmart-owned Sam’s Club is trying to take on Costco’s private label Kirkland source:www.cnbc.com The Typical Home Is Selling For Less Than List Price, the First Time That Has Happened in Late Spring Since Start of Pandemic source:www.redfin.com Great savers could face a ‘tax time bomb’ in retirement, advisor says — here’s how to avoid it source:www.cnbc.com |