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Weekly Roundup 10/14/22

Our PureVest Weekly Roundup looked at the 2023 Cost Of Living Adjustment for social security, which will be the largest in 40 years. As JP Morgan topped estimates, financial companies kicked off Q3 earnings season this week. The September read on consumer inflation was released on Thursday and remained higher than expected. In specific stock news, Netflix

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Weekly Roundup 10/7/22

Our PureVest Weekly Roundup looked at the jobs report for September. Overall, the jobs market remained strong as 263,000 jobs were created while the unemployment rate fell to 3.5%. OPEC decided to cut oil production by 2 million barrels a day, which will put upward pressure on gas prices at the pump. Ford hiked the price of

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Weekly Roundup 9/30/22

First and foremost… Our thoughts and prayers are with everyone affected by Hurricane Ian this week! We hope you and your loved ones are safe. Our PureVest Weekly Roundup looked at the latest inflation data from August. In a surprising move, the Bank Of England intervened this week by buying short-term bonds amid a continued decline in

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Weekly Roundup 9/23/22

Our PureVestWeekly Roundup looked at 2-year bond yields which are now at a 15-year high after the Fed hiked rates this week.  Electric vehicles sales are expected to hit an all time high in 2022 as they now account for 13% of vehicle sales globally.  Costco reported a new record of $200 billion in revenues for a

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Weekly Roundup 9/16/22

Our PureVest Weekly Roundup looked at some economic news from the week and looks ahead to next week’s Fed meeting. The Federal Reserve’s two-day meeting kicks off on Tuesday with an announcement on rates to come Wednesday. Apple’s I-phone 14 hit stores today across the country. The job market remains strong as we get close to the

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