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Our PureVest Weekly Roundup looked at the S&P 500 stocks that are getting classified into different sectors this week. Financials, consumer discretionary, and staples are in focus. One year after the Federal Reserve embarked on the most extreme rate hiking cycle in history, they face a tough decision next week. Will they Pause, Hike, or Signal cuts? […]

Our PureVest Weekly Roundup looked at February’s jobs report, which showed solid growth. President Biden unveiled his new proposed $6.8T budget plan. Consumer spending in China has been sluggish since their economy reopened in December; this is important as many larger U.S.-based companies rely on Chinese business. Apple’s annual shareholder meeting is today. Bond yields plunged on

Our PureVest Weekly Roundup looked at Ford’s sales, which jumped in January as they reported an improvement in their ongoing supply chain issues. Interest rates rose across the board this week, leading to the entire treasury market yielding above 4%. Salesforce stock jumped higher on blowout earnings and guidance. Warren Buffet preached patience and long-term investing in

Our PureVest Weekly Roundup looked at the earnings report from Nvidia, a leading chip manufacturer. Home Depot is spending $1 Billion to give workers a pay raise. The latest inflation data came in higher than expected today; however, the inflation trend remains lower. Treasury bills are yielding over 5%, the highest level since 2007. New home sales

Our PureVest Weekly Roundup looked at the important economic news from the week. Inflation readings at both the consumer and producer level were announced; Retail sales came in much higher than forecasted. Economic sanctions that target Russian oil exports are working. The SEC announced new rule proposals this week as they continue to try and regulate the

Our PureVest Weekly Roundup looked at a recap of Jerome Powell’s’ speech from earlier this week. With mortgage rates falling for five straight weeks, it’s no surprise that refinances jumped 18%. The buzz word of the week has been “ChatGPT”; we included an article on everything you need to know about the AI chatbot. Disney laid out

Our PureVest Weekly Roundup looked at the employment report for January. The unemployment rate dropped to a 53-year low while job numbers crushed expectations. Earlier in the week, Jerome Powell raised interest rates by another quarter point. This was a big week for earnings, as the major tech companies reported; results were mixed, but the market reacted