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Weekly Roundup 5/12/23

Our PureVest Weekly Roundup looked at the potential new CEO of Twitter after Elon Musk stepped down from the role earlier this week. A new government program will allocate as much as $10 Billion to entice new tech startups to move to the Midwest. Inflation continued to fall in April, and mortgage rates declined again. The social […]

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Weekly Roundup 5/5/23

Our PureVest Weekly Roundup looked at April’s jobs number, which beat expectations. Jerome Powell and the Federal Reserve hiked interest rates for a 10th consecutive time, bringing them to a 16-year high. Apple reported good earnings last night on strong iPhone sales; the stock responded positively. Used car prices fell in March, another sign that inflation is

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Weekly Roundup 4/21/23

Our PureVest Weekly Roundup has a good lineup this week. Savings account interest rates are now at a 15-year high, yet most people aren’t taking advantage. Tesla, Netflix, and Morgan Stanley reported earnings this week. Lower margins hurt Tesla, Netflix will start its password-sharing crackdown next quarter, and Morgan Stanley was the latest financial company to report

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Weekly Roundup 4/14/23

Our PureVest Weekly Roundup looked at JP Morgan Chase’s record earnings report as Q1 results began to roll out. Citigroup and Wells Fargo also topped expectations primarily due to higher interest rates. Retail Sales declined in March. Apple now manufactures nearly 7% of their iPhones in India to shift production away from China. Tax Day 2023 is

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Weekly Roundup 3/31/23

On the last day of the first quarter, our PureVest Weekly Roundup looks at the key storylines that have dominated the news in 2023. Inflation continued to ease, the Fed is at a crossroads, earnings season gets underway next week, and investors piled into “CASH.” With tax day 2022 approaching, we added some essential info that might

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Weekly Roundup 3/24/23

Our PureVest Weekly Roundup looked at the latest interest rate hike from the Federal Reserve. They also signaled that the end of the rate increase cycle is near. The biggest tech companies in the world have been laying off thousands of employees to combat any looming economic uncertainty. The CEO of social media company TikTok testified in

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