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Our PureVest Weekly Roundup looked at the highly anticipated comments from Jerome Powell’s keynote speech at the annual Jackosn Hole summit. AI chip leader Nvidia blew out their earnings estimates and raised their guidance. Nike fell for a record 10th straight day after Foot Locker reported dismal earnings. As mortgage rates continue to climb, some trends have […]

Our PureVest Weekly Roundup looked at the latest quarterly earnings and outlooks for Walmart & Target. Walmart had a solid report, generating over 50% of its revenues from groceries. Economists lifted their U.S. GDP forecasts by more than triple. Treasury yields rose to a 14-month high, and mortgage rates are closing in on a 21-year high; Is

Our PureVest Weekly Roundup was created with a simple goal in mind… To keep you informed and up to date… Quickly! It’s been a light week for critical news, but something always catches our eye and piques our interest. This week, we looked at the latest inflation report for July. Joe Biden signed a long-awaited executive order designed

Our PureVest Weekly Roundup looked at the latest employment report, where U.S. employers added 187,000 jobs. The unemployment rate ticked lower to 3.5%. For the second time in history, the U.S. credit rating was downgraded when Fitch lowered its rating… What does this mean? Apple and Amazon reported earnings on Thursday evening. Apple’s standout announcement came from

Our PureVest Weekly Roundup looked at the latest GDP report, which showed a 2.4% pace in the second quarter, topping expectations. The Federal Reserve hiked rates by 25 basis points on Wednesday in perhaps their last hike of the cycle. Their economists are also no longer expecting a U.S. recession in 2023. If you want the details

Our PureVest Weekly Roundup looked at the Dow’s longest winning streak in over five years. 74% of S & P 500 companies that have reported earnings so far have beat their estimates fueling the Dow’s 9-day move. Retail sales rose for a third straight month. Despite reporting a lot of positives, Tesla & NetFlix both sold off on

Our PureVest Weekly Roundup is full of good news this week as markets continue their bull run. This morning, JPMorgan, Wells Fargo, and Citi posted better-than-expected earnings. Bob Iger will be staying at Disney for another three years as he continues to try and turn the company around. In another sign of economic strength, Delta reported record