Weekly Roundup

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 […]

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

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

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

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

In this week’s installment of our PureVest weekly roundup we take a look at today’s job numbers which came in better than expected.  Walmart and Ford are investing billions of dollars to keep pace with their competition.  Earlier this week the social security administration said that benefits will be able to be paid in full until 2035

In this week’s installment of our PureVest weekly roundup we take a look at the slight downtick in the Fed’s favorite inflation gauge.  We also get a read through of the last FOMC meeting and what they are thinking moving forward.  Bank of America’s CEO said that bank balances still remain above pre-covid levels. There is a