Weekly Roundup

The Bull Market officially turned two years old this week.  Our PureVest Weekly Roundup looked at where analysts think stocks are headed next.  In another sign of a strong economy, Retail Sales rose in September more than forecasted.  A lack of supply is one of the biggest reasons for the sustained rise in home prices despite higher […]

Our PureVest Weekly Roundup looked at the Social Security COLA increase for 2025, which will be 2.5%.  This is the smallest increase since 2021, as inflation has come down.  Q3 earnings season is off to a good start, as big banks had favorable reports today.  The Financials have been a market leader all year, and these reports

Our new video, “Rate Cuts & Your Money” dives into what might be the biggest headline of 2024: Interest Rate Cuts. We break down what interest rate the Federal Reserve cuts and how it may directly impact you. We also looked at how markets fared in previous rate-cutting cycles.  PureVests’ Weekly Roundup looked at the upside surprise in September’s jobs report. This

Our PureVest Weekly Roundup looked at billionaire investor David Tepper’s comments on the Fed. He believes they will continue lowering rates to maintain credibility.  A potential port strike can happen as soon as Tuesday if a deal si not reached.  A port strike will impact supply chains and shipping, driving higher prices for end consumers.  China announced

Our PureVest Weekly Roundup looked at the market performance as it capped off its best week in 2024.  The Nasdaq surged 5.9%, while the Dow rose 4%.  All eyes will be on the upcoming 2-day Fed meeting, which kicks off on Tuesday. Social Security COLA in 2025 could be just 2.5% as inflation has steadily declined.  Oracle is

Our PureVest Weekly Roundup looked at August’s jobs report.  Mortgage refinance demand is up 94% as rates continue to tick lower.  Chip giant Broadcom said they expect $12 billion in AI-related sales this year.  Kamala Harris unveiled her “tax plan” this week.  Traders at Citigroup are betting on as many as three half-point rate cuts this year;

Our PureVest Weekly Roundup looked at Jerome Powell’s closely followed remarks from Jackson Hole.  His comment, “The time has come for policy to adjust,” stood out.  The Federal Reserve’s next 2-day meeting starts September 18.  Non-farm payrolls got the most significant downward revision this week since 2009.  Once a year, the Bureau of Labor Statistics makes