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Weekly Roundup 8/12/22

In this week’s installment of our PureVest Weekly Roundup, we looked at the better than expected inflation date for July as gasoline prices continued to fall.  With stocks still down sharply for 2022 the ultra rich have been increasing their holdings.  Disney just passed Netflix with 221 million streaming subscribers; and are  planning to hike prices.  We also looked at

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Weekly Roundup 8/5/22

In this week’s installment of our PureVest Weekly Roundup we looked at the strong jobs report from today.  Despite recession fears, retailers are forging ahead as new store openings are outpacing closures by a wide margin.  Democrats said they have reached an agreement on a new economic package; although it’s drastically scaled back from Biden’s initial plans. Ford’s stocked shined this

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Weekly Roundup 7/22/22

 In this week’s installment of our PureVest Weekly Roundup we looked at news from some of the key market stocks.  The Federal Reserves’ next meeting is slated for next week; and Jerome Powell is expected to announce a .75 bps interest rate hike.  We also added a great article about the current state of the Oil market and how the

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Weekly Roundup 7/15/22

In this week’s installment of our PureVest Weekly Roundup we checked in on the latest Retail Sales data for June which remained strong.  Earnings season kicked off with mixed results from some of the largest financial companies.  President Biden is headed to the Middle East for an important international trip.  Costco and Apple were two outperformers this past

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Weekly Roundup 7/8/22

In this week’s installment of our PureVest Weekly Roundup we take a look at how our jobs market is remaining strong and defying the looming recession fears. Gasoline futures fell after the holiday weekend which signal some relief at the pump could be on the way.  We also looked at what the Fed said in their June meeting on

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