The latest thoughts on investment strategy and the markets, plus tools and templates from Raffa’s portfolio management team to empower nonprofits and associations to make better informed investment decisions.
Global stocks declined in June on a pullback in AI-related stocks and higher interest rate expectations, but posted the best quarter in six years on strong corporate earnings. Fixed income edged up over the month and second quarter.
U.S. stocks posted another month of solid gains in May, supported by continued strength in technology and artificial intelligence related sectors, better than expected corporate earnings, and optimism surrounding further geopolitical de-escalation in the Middle East. Inflation, however,
remained a key concern.
wishing you and your loved ones a joyful holiday season As the year winds down, I just want to say how grateful I am to
