admin

This week, our PureVest Weekly Roundup focused on some major macroeconomic news.  An explanation of exactly what macroeconomic news is can be found in the Education section below.  In a speech on Wednesday, Jerome Powell acknowledged that the aggressive rate hikes from this year take time to work through the system; he also signaled that the Fed may

Our PureVest Weekly Roundup took a look at the state of the U.S. consumer. Retail Sales were the strongest in 10 months; Walmart, Lowes, and Home Depot had solid earnings reports, while Target disappointed investors. Home Sales struggled as mortgage rates continued to price buyers out of the market. At their investor day, General Motors had a

Our PureVest Weekly Roundup looked at October’s latest inflation report, which was the best reading since January. Following that CPI announcement on Thursday, markets had the largest one-day rally in over two years, with the Nasdaq popping over 7%. The midterm elections are now in the rear view mirror, and we looked at what stocks have done

Our PureVest Weekly Roundup looked at the October jobs report, which was stronger than expected. On Wednesday, the Federal Reserve hiked interest rates by another 75 basis points; read how this will directly impact you. We also added an update on the state of the housing market and what you can expect over the next few years. Starbucks

Our PureVest Weekly Roundup looks at the reading on third-quarter GDP, which signaled economic growth after two-quarters of negative growth. Big tech (META, AMZN, GOOG, MSFT, AAPL) reported earnings this week. Elon Musk is the official new owner of Twitter, taking the company private and cleaning house in his first 24 hours. Pending home sales declined again as