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Weekly Roundup 4/12/24

Our PureVest Weekly Roundup looked at the hotter-than-expected inflation numbers announced this week. Although the overall inflation trend remains lower, this is the third consecutive month of higher-than-expected inflation. Many attribute this to a strong economy. Gold and oil remained in focus this week; mortgage rates hit a 6-month high. We added an article that outlines how the stock market has […]

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Weekly Roundup 3/22/24

Our PureVest Weekly Roundup reviewed a recap of this week’s Fed meeting. Jerome Powell reiterated that we are at peak rates for this cycle, that he plans to cut rates three times in 2024, and that the economy and jobs market remain strong. This week, Apple was hit with an antitrust lawsuit as the DOJ targets iPhone

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Weekly Roundup 3/15/24

Our PureVest Weekly Roundup looked at February’s latest inflation readings, which led to the market’s first down week in the past seven. Persistent inflation may signal that the Federal Reserve may delay cutting interest rates longer than anticipated. It’s important to note that the overall inflation trend has steadily declined since peaking at over 9% in August of 2022. AMD is

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Weekly Roundup 3/8/24

Our PureVest Weekly Roundup looked at the latest jobs report, showing that U.S. employers created 275,000 new jobs in February. Tax policy will be a focal point in the upcoming election as Trump’s tax cuts expire in 2025. We added a quick read on how the Trump/Biden rematch may impact your taxes. Retail companies were at the forefront this

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Weekly Roundup 3/1/24

It was a relatively quiet week in terms of market-moving headlines. Markets continued their impressive winning streak, with the S&P 500 now up 15 of the past 17 weeks. The broad index rose 5.1% for February. Although not much caught our eye this past week, Our PureVest Weekly Roundup looked at some articles that did. Enjoy the light reading,

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Weekly Roundup 2/23/24

Our PureVest Weekly Roundup looked at Nvidia’s blowout earnings announcement. Nvidia has been at the forefront of the Nasdaq’s big run and proved why it should be. Although the Fed signaled the tightening cycle is over, they reiterated that they would be patient with cutting rates. The U.S. labor market remained solid as the unemployment rate stayed below 4%. How good

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Weekly Roundup 2/16/24

Our PureVest Weekly Roundup looked at January’s latest inflation reports, which showed a surprising jump. Despite one month of higher inflation readings, the Fed remains on track to lower rates later this year as the overall inflation trend remains down. Understanding when your full retirement age to collect social security is crucial as it’s a different age for everyone.

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