admin

Our PureVest Weekly Roundup looked at the latest consumer inflation readings that ticked up in September. Geopolitics remain in focus heading into the weekend after the horrible events of last Saturday. Oil prices rallied after the U.S. sanctioned more Russian oil exports. JP Morgan and Citi topped earnings estimates on Friday. Netflix is the first of the mega-cap tech […]

The rise in interest rates dominated the headlines this week. Despite rates rocketing higher, the S&P 500 and Nasdaq are poised to close up for the week. This follows today’s non-farm payroll report that blew away expectations. The U.S. economy created 336,000 jobs in September. Our PureVest Weekly Roundup also looked at a preview of the upcoming Q3 earnings season.

Our PureVest Weekly Roundup looked at the latest inflation readings from August. Core inflation, which strips out food and energy, rose less than expected. A potential government shutdown is less than 48 hours away as congress continues fighting over spending. Following a down third quarter, will stocks rise in the fourth quarter? History suggests they will rally between 5-7%… although

This week, our PureVest Weekly Roundup looked at the results of the latest Fed meeting, where they kept rates unchanged. They also revised their economic growth expectations for 2023. After 14 straight rate hikes, the Bank of England paused this week in another sign that the global rate hiking cycle is winding down. Yields rose on Thursday to a

Our PureVest Weekly Roundup looked at the new products Apple will release next month. UAW members will be striking at all big three automakers simultaneously for the first time. Another good sign for the new bull market is that the IPO market is picking up again after we saw significant valuation cuts to private companies over the

Are You Ready For Some Football? I am… but first, get caught up with the latest PureVest Weekly Roundup.  A record 73 million Americans plan to wager money on the NFL this season, totaling 19% of all Americans. Apple had a rough week as the Chinese government banned government employees from using the iPhone at work. Used car prices

Our PureVest Weekly Roundup looked at the latest jobs report, where the U.S. economy created 187,000 jobs, but the unemployment rate unexpectedly jumped to an 18-month high. Both Salesforce and Dell were the latest tech companies to jump following better-than-expected earnings reports. It’s only a matter of time until the SEC approves Bitcoin ETFs from the largest