Weekly Roundup

On the last day of the first quarter, our PureVest Weekly Roundup looks at the key storylines that have dominated the news in 2023. Inflation continued to ease, the Fed is at a crossroads, earnings season gets underway next week, and investors piled into “CASH.” With tax day 2022 approaching, we added some essential info that might […]

Our PureVest Weekly Roundup looked at the latest interest rate hike from the Federal Reserve. They also signaled that the end of the rate increase cycle is near. The biggest tech companies in the world have been laying off thousands of employees to combat any looming economic uncertainty. The CEO of social media company TikTok testified in

Our PureVest Weekly Roundup looked at the S&P 500 stocks that are getting classified into different sectors this week. Financials, consumer discretionary, and staples are in focus. One year after the Federal Reserve embarked on the most extreme rate hiking cycle in history, they face a tough decision next week. Will they Pause, Hike, or Signal cuts?

Our PureVest Weekly Roundup looked at February’s jobs report, which showed solid growth. President Biden unveiled his new proposed $6.8T budget plan. Consumer spending in China has been sluggish since their economy reopened in December; this is important as many larger U.S.-based companies rely on Chinese business. Apple’s annual shareholder meeting is today. Bond yields plunged on

Our PureVest Weekly Roundup looked at Ford’s sales, which jumped in January as they reported an improvement in their ongoing supply chain issues. Interest rates rose across the board this week, leading to the entire treasury market yielding above 4%. Salesforce stock jumped higher on blowout earnings and guidance. Warren Buffet preached patience and long-term investing in

Our PureVest Weekly Roundup looked at the earnings report from Nvidia, a leading chip manufacturer. Home Depot is spending $1 Billion to give workers a pay raise. The latest inflation data came in higher than expected today; however, the inflation trend remains lower. Treasury bills are yielding over 5%, the highest level since 2007. New home sales

Our PureVest Weekly Roundup looked at the important economic news from the week. Inflation readings at both the consumer and producer level were announced; Retail sales came in much higher than forecasted. Economic sanctions that target Russian oil exports are working. The SEC announced new rule proposals this week as they continue to try and regulate the