Weekly Roundup

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 […]

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.

Our PureVest Weekly Roundup looked at the S&P 500’s record close above 5000 and what a new closing high typically means moving forward. Bob Iger’s Disney turnaround plans gained momentum this week as they beat on earnings and had other positive announcements. Ford reported solid earnings, raised guidance, and slowed down EV investments. Did you work from home this year? If so, you may

Our PureVest Weekly Roundup looked at the latest jobs number, which exceeded expectations in January. Jerome Powell left rates unchanged on Wednesday and signaled that a rate cut in March was not likely; he also reiterated that the Fed is done hiking rates but will be patient on cutting. Meta is the day’s big winner as they announced a first-ever dividend

Our PureVest Weekly Roundup looked at the latest GDP reading, which showed the economy growing much faster than forecasted; inflation continued to decline. Netflix stock jumped close to 15% post-earnings after they announced over 13 million new subscribers for the quarter. Visa beat earnings on Friday, yet another sign of a strong consumer. We added a good article covering ten simple lessons

Our PureVest Weekly Roundup looked at what drove the S&P 500 to close on Friday at a new all-time high. Lower inflation, expected interest rate cuts, resilient consumer spending, an Apple upgrade, and continued optimism towards AI-related companies are to thank for the market’s continued momentum. 2023 was the worst year for new home sales in nearly 30 years as high-interest rates

Our PureVest Weekly Roundup looked at the first round of Q4 earnings reports, which came from the financials. Wholesale inflation numbers unexpectedly fell in December. After years of denying these products, the SEC approved BITCOIN ETF proposals. We mentioned last month that turmoil in the Red Sea was something markets will be watching. Oil prices jumped on Friday after some escalation