Weekly Roundup

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

Our PureVest Weekly Roundup covered a lot of ground this week. First, we looked at earnings reports from American Express and Netflix, which were better than expected. On the heels of the persistent inflation we have dealt with in 2022, the IRS announced updates to tax brackets, capital gains brackets, and a lot more adjustments for 2023. President

Our PureVest Weekly Roundup looked at the 2023 Cost Of Living Adjustment for social security, which will be the largest in 40 years. As JP Morgan topped estimates, financial companies kicked off Q3 earnings season this week. The September read on consumer inflation was released on Thursday and remained higher than expected. In specific stock news, Netflix

Our PureVest Weekly Roundup looked at the jobs report for September. Overall, the jobs market remained strong as 263,000 jobs were created while the unemployment rate fell to 3.5%. OPEC decided to cut oil production by 2 million barrels a day, which will put upward pressure on gas prices at the pump. Ford hiked the price of

First and foremost… Our thoughts and prayers are with everyone affected by Hurricane Ian this week! We hope you and your loved ones are safe. Our PureVest Weekly Roundup looked at the latest inflation data from August. In a surprising move, the Bank Of England intervened this week by buying short-term bonds amid a continued decline in