Our PureVest Weekly Roundup looks at the S&P 500 which is now in a new bull market; and what that means. GM and Tesla inked a deal this week that will open the door for GM owners to access Tesla’s 12,000 fast chargers. Apple unveiled its most significant product launch in nearly a decade with its Vision […]
Weekly Rondup 6/9/23 Read More »
Our PureVest Weekly Roundup looked at the continued strength of the labor market; May’s job numbers were much better than expected. The U.S. will avoid its first-ever default as the House and Senate voted to pass the latest bill. We added a good article that summarizes the markets’ main storylines and also looked at what the first
Weekly Roundup 6/2/23 Read More »
Our PureVest weekly roundup is taking a break from the newsflow today as there is a much greater thing to focus on as we head into the weekend. Memorial Day is more than an extended weekend of barbecuing and relaxation. We should all be thinking about those who made the ultimate sacrifice for our country while in
Weekly Roundup 5/26/23 Read More »
Our PureVest Weekly Roundup looked at Netflixs’ announcement that they now have close to 5 Million subscribers of their lower-priced ad tier. Republicans and Democrats may vote on the debt ceiling next week. Retail sales rose less than expected in April, which was the first monthly increase since January. Walmart beat their earnings and raised their outlook for
Weekly Roundup 5/19/23 Read More »
Our PureVest Weekly Roundup looked at the potential new CEO of Twitter after Elon Musk stepped down from the role earlier this week. A new government program will allocate as much as $10 Billion to entice new tech startups to move to the Midwest. Inflation continued to fall in April, and mortgage rates declined again. The social
Weekly Roundup 5/12/23 Read More »
Our PureVest Weekly Roundup looked at April’s jobs number, which beat expectations. Jerome Powell and the Federal Reserve hiked interest rates for a 10th consecutive time, bringing them to a 16-year high. Apple reported good earnings last night on strong iPhone sales; the stock responded positively. Used car prices fell in March, another sign that inflation is
Weekly Roundup 5/5/23 Read More »
Our PureVest Weekly Roundup looked at the key earnings reports from the week. Big tech and big oil are in focus. Q1 Earnings season has been better than many have feared. U.S. GDP only rose by 1.1% in the first quarter. Tuesday kicks off the next 2-day Fed meeting, where their final rate hike of the cycle
Weekly Roundup 4/28/23 Read More »
