Weekly Roundup

Our PureVestWeekly Roundup looked at 2-year bond yields which are now at a 15-year high after the Fed hiked rates this week.  Electric vehicles sales are expected to hit an all time high in 2022 as they now account for 13% of vehicle sales globally.  Costco reported a new record of $200 billion in revenues for a […]

Our PureVest Weekly Roundup looked at some economic news from the week and looks ahead to next week’s Fed meeting. The Federal Reserve’s two-day meeting kicks off on Tuesday with an announcement on rates to come Wednesday. Apple’s I-phone 14 hit stores today across the country. The job market remains strong as we get close to the

Are you ready for some FOOTBALL?  Week 1 kicks off this weekend but first things first…  Our PureVest Weekly Roundup looks at news from AAPL, AMZN, GOOG, and TSLA.  It’s important to keep a close eye on these large caps as they have such a big impact on the markets.  The European Central Bank followed our Federal Reserve as

In this week’s installment of our PureVest Weekly Roundup, we looked at the latest jobs numbers for August; 315,000 jobs were created for the month.  One in five home sellers are now dropping their asking prices as higher interest rates continue to work their way through the market.  Geopolitical tensions keep Oil in focus ahead of OPEC’s latest meeting

In this week’s installment of our PureVest Weekly Roundup, we looked at the Biden administration’s announcement to cancel $10,000 in student loan debt.  Apple scheduled an event for September 7th; where the I-phone 14 is expected to be announced. We included 2 articles about the current state of the housing market as home prices fell for the first

In this week’s installment of our PureVest Weekly Roundup, we looked at the July reading on retail sales which showed a resilient consumer.  The recap of the Federal Reserves’ July meeting was released on Wednesday and showed that they lowered the odds of a large rate hike in September.  Home sales fell 6% in July, but the average

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