Weekly Roundup

Weekly Roundup 8/5/22

In this week’s installment of our PureVest Weekly Roundup we looked at the strong jobs report from today.  Despite recession fears, retailers are forging ahead as new store openings are outpacing closures by a wide margin.  Democrats said they have reached an agreement on a new economic package; although it’s drastically scaled back from Biden’s initial plans. Ford’s stocked shined this […]

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Weekly Roundup 7/22/22

 In this week’s installment of our PureVest Weekly Roundup we looked at news from some of the key market stocks.  The Federal Reserves’ next meeting is slated for next week; and Jerome Powell is expected to announce a .75 bps interest rate hike.  We also added a great article about the current state of the Oil market and how the

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Weekly Roundup 7/15/22

In this week’s installment of our PureVest Weekly Roundup we checked in on the latest Retail Sales data for June which remained strong.  Earnings season kicked off with mixed results from some of the largest financial companies.  President Biden is headed to the Middle East for an important international trip.  Costco and Apple were two outperformers this past

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Weekly Roundup 7/8/22

In this week’s installment of our PureVest Weekly Roundup we take a look at how our jobs market is remaining strong and defying the looming recession fears. Gasoline futures fell after the holiday weekend which signal some relief at the pump could be on the way.  We also looked at what the Fed said in their June meeting on

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Weekly Roundup 6/24/22

In this week’s installment of our PureVest Weekly Roundup we take a look at Jerome Powells’ testimony to congress; and what the latest data on the jobs market is saying.  Mark Zuckerberg continues to bet big on the metaverse being a part of our future and revenue generator for his company.  We followed that with a few articles on

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Weekly Roundup 6/17/22

In this week’s installment of our PureVest Weekly Roundup we take a look at the Federal Reserves’ largest rate hike in nearly 30 years as they try to fight inflation.  Despite higher prices, Summer travel demand is expected to soar.  Mortgage rates jumped for another week as the 30-year fixed now averages 6.28% nationwide.  For those who are

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Weekly Roundup 6/10/22

In this week’s installment of our PureVest Weekly Roundup we take a look at everything new Apple announced this week at the World Wide Developer’s Conference. Despite rising food prices; Costco saw a record percentage of customers renew their membership and is now mulling a rate increase. The European Central Bank will be hiking rates next month to

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