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 […]
Weekly Roundup 6/30/23 Read More »
Our PureVest Weekly Roundup looked at the rise in “REAL” hourly wages, which signaled an uptick in Americans’ purchasing power for the first time in over two years. New Jersey’s latest effort to stop retirees from fleeing to lower-tax states will be a 50% reduction in their property tax bill; details are in the article below. The
Weekly Roundup 6/23/23 Read More »
Our PureVest Weekly Roundup looked at the announcement from the Federal Reserve to halt their interest rate hiking cycle, which began 15 months ago. Inflation rose at its slowest pace in 2 years as Oil prices remained low. The Nasdaq’s excellent 2023 continued this week as Microsoft hit a new record high. We also looked at an
Weekly Roundup 6/16/23 Read More »
Our PureVest Weekly Roundup looks at the S&P 500 which is now in a new bull market; and what that means. GM and Tesla inked a deal this week that will open the door for GM owners to access Tesla’s 12,000 fast chargers. Apple unveiled its most significant product launch in nearly a decade with its Vision
Weekly Rondup 6/9/23 Read More »
Our PureVest Weekly Roundup looked at the continued strength of the labor market; May’s job numbers were much better than expected. The U.S. will avoid its first-ever default as the House and Senate voted to pass the latest bill. We added a good article that summarizes the markets’ main storylines and also looked at what the first
Weekly Roundup 6/2/23 Read More »
Our PureVest weekly roundup is taking a break from the newsflow today as there is a much greater thing to focus on as we head into the weekend. Memorial Day is more than an extended weekend of barbecuing and relaxation. We should all be thinking about those who made the ultimate sacrifice for our country while in
Weekly Roundup 5/26/23 Read More »
Our PureVest Weekly Roundup looked at Netflixs’ announcement that they now have close to 5 Million subscribers of their lower-priced ad tier. Republicans and Democrats may vote on the debt ceiling next week. Retail sales rose less than expected in April, which was the first monthly increase since January. Walmart beat their earnings and raised their outlook for
Weekly Roundup 5/19/23 Read More »
