Weekly Roundup

Our PureVest Weekly Roundup looked at the stronger-than-expected revision to Q2 GDP, which indicated the economy grew at a 3.3% pace.  Consumer spending stayed strong, but core inflation numbers rose slightly.  NVIDIA reported another solid quarter on Wednesday.  Revenues and earnings both increased by more than 50% for the year.  They also signaled that no slowdown in AI spending is […]

It was a quiet week in terms of news flow and stock movement until today.  This is no surprise as we enter the last few weeks of the summer, and volume typically drops off into Labor Day.  Friday did bring some big news, though, as Powell spoke at the annual Jackson Hole economic conference.  He

Our PureVest Weekly Roundup looked at a recap of Q2 earnings.  Earnings for S&P 500 companies grew at an 11% rate year over year.  July retail sales were stronger than expected.  Stocks put together another winning week as the drift to new highs continued.  President Trump announced a deal with Nvidia and AMD, which will allow the tech companies to sell certain

July was a solid month for stocks, with the S&P 500 up 2.1% and the Nasdaq up 3.7%.  Our PureVest Weekly Roundup looked at some big news from the past week.  While GDP growth in Q2 showed the economy growing at a 3% rate, the employment numbers on Friday were not good as the U.S. added only 73,000 jobs.  May

The month of July is living up to its reputation as the best-performing month of the year for stocks. Our PureVest Weekly Roundup looked at the positive developments from the week that helped keep the recent melt-up going strong.  President Trump announced trade deals with Indonesia and Japan, and stated that he is close to a trade deal with

Our PureVest Weekly Roundup looked at President Trump’s comments as he plans to increase tariffs on 20 countries, effective August 1.  NVIDIA became the first company ever to reach the $4 Trillion valuation mark.  CNBC revealed its list of most valuable sports empires and also its annual list of best states for business… see where your state ranks.  Fed officials are divided

Our PureVest Weekly Roundup looked at somesignificant news despite the shortened trading week.  Trump’s “big, beautiful bill” is officially passed.  The debate over the bill’s pros and cons will continue, but the bottom line is that it will be signed into law; we have highlighted the standout points that may impact you.  We also included a complete rundown of the spending bills’ details,