Weekly Roundup

Weekly Roundup 3/8/24

Our PureVest Weekly Roundup looked at the latest jobs report, showing that U.S. employers created 275,000 new jobs in February. Tax policy will be a focal point in the upcoming election as Trump’s tax cuts expire in 2025. We added a quick read on how the Trump/Biden rematch may impact your taxes. Retail companies were at the forefront this […]

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Weekly Roundup 3/1/24

It was a relatively quiet week in terms of market-moving headlines. Markets continued their impressive winning streak, with the S&P 500 now up 15 of the past 17 weeks. The broad index rose 5.1% for February. Although not much caught our eye this past week, Our PureVest Weekly Roundup looked at some articles that did. Enjoy the light reading,

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Weekly Roundup 2/23/24

Our PureVest Weekly Roundup looked at Nvidia’s blowout earnings announcement. Nvidia has been at the forefront of the Nasdaq’s big run and proved why it should be. Although the Fed signaled the tightening cycle is over, they reiterated that they would be patient with cutting rates. The U.S. labor market remained solid as the unemployment rate stayed below 4%. How good

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Weekly Roundup 2/16/24

Our PureVest Weekly Roundup looked at January’s latest inflation reports, which showed a surprising jump. Despite one month of higher inflation readings, the Fed remains on track to lower rates later this year as the overall inflation trend remains down. Understanding when your full retirement age to collect social security is crucial as it’s a different age for everyone.

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Weekly Roundup 2/9/24

Our PureVest Weekly Roundup looked at the S&P 500’s record close above 5000 and what a new closing high typically means moving forward. Bob Iger’s Disney turnaround plans gained momentum this week as they beat on earnings and had other positive announcements. Ford reported solid earnings, raised guidance, and slowed down EV investments. Did you work from home this year? If so, you may

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Weekly Roundup 2/2/24

Our PureVest Weekly Roundup looked at the latest jobs number, which exceeded expectations in January. Jerome Powell left rates unchanged on Wednesday and signaled that a rate cut in March was not likely; he also reiterated that the Fed is done hiking rates but will be patient on cutting. Meta is the day’s big winner as they announced a first-ever dividend

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Weekly Roundup 1/26/24

Our PureVest Weekly Roundup looked at the latest GDP reading, which showed the economy growing much faster than forecasted; inflation continued to decline. Netflix stock jumped close to 15% post-earnings after they announced over 13 million new subscribers for the quarter. Visa beat earnings on Friday, yet another sign of a strong consumer. We added a good article covering ten simple lessons

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