Weekly Roundup

Weekly Roundup 1/17/25

This week was very positive for markets, the economy, and geopolitics. Our PureVest Weekly Roundup looked at the key points to take away.  Stocks had their best week since November and posted the first winning week of 2025.  Inflation slowed to beat expectations. The big financial companies kicked off earnings season by reporting much better earnings and guidance.  […]

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Weekly Roundup 1/10/25

Our PureVest Weekly Roundup looked at December’s jobs report, which crushed expectations.  The unemployment rate ticked down to 4.1%.  Although this sent the market lower on Friday, it is a strong signal for our economy.  Mortgage rates have been creeping closer and closer to 7% again.  It’s important to remember that higher rates are justified because we

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Weekly Roundup 12/20/24

Our PureVest Weekly Roundup looked at the Federal Reserve’s rate cut from Wednesday and their comments from the meeting.  Powell reiterated that rate cuts will be gradual and that we should not be surprised if we see fewer cuts in 2025 than previous expectations.  Our thoughts have been…With a strong economy, do rates need to be cut

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Weekly Roundup 12/13/24

Our PureVest Weekly Roundup celebrated the Nasdaq’s first-ever close above 20,000; this comes just 4 years after closing above 10,000 for the first time.  Inflation ticked up in November but came in line with expectations.  Trump reiterated that he does not plan to remove Jerome Powell from his post as Fed chairman; this eliminates some uncertainty surrounding

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Weekly Roundup 12/6/24

Our PureVest Weekly Roundup looked at the latest employment report.  The November report showed employers created 227,000 jobs for the month.  Jerome Powell spoke Wednesday on the economy, saying the U.S. is in “remarkably good shape.”  Shoppers broke records on both Black Friday and Cyber Monday, with sales up over 10% from 2023 levels.  Apple

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Weekly Roundup 11/22/24

Overall, it was a muted week in terms of market-moving news and important announcements.  Stocks continued their post-election rally as the Dow led the way this week.  NVIDIA earnings could have been a market mover, but they had little impact on Indices despite posting another strong quarter.  Walmart had a solid report, while Target missed

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Weekly Roundup 11/8/24

Our PureVest Weekly Roundup looked at the markets’ strong reaction to Donald Trump’s Presidential win.  All major indices rallied to new all-time highs.  History points to the rally continuing through the year’s end; we have the data below.  The Federal Reserve cut interest rates by another quarter point on Thursday.  We also looked at the critical economic

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