Financial News and Portfolio Management Discussion through March 25th

All the news you need to stay informed about what’s currently driving the market – courtesy of Raffa Wealth Management, LLC.

US Stocks had their worst week since before the election on concerns over whether the president’s agenda will meet investor expectations.  The S&P 500 sank 1.4% and the Dow dropped 1.5% for the week.  Internationally, Japan fell 1.4% and Europe edged down 0.5% for the week.  The yield on the 10 Year Treasury fell to 2.40%, its lowest level since the end of February.   Article

US durable goods orders rose 1.7% in February, but excluding aircraft purchases it rose 0.4%.

After 7 years of losses Sears said it may not be able to continue operations.

 

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Raffa Wealth Management is an independent investment advisor providing nonprofit organizations, high net-worth investors, and qualified retirement plans with a full range of investment consulting services.  We were established to fill the need for transparency, clarity, and vision in the professional management of investment assets.   Visit us at www.raffawealth.com

 

There is no guarantee that any investment strategy, including those described here, will be successful. Any investment or investment strategy can lose money. Past performance does not guarantee or predict future results. You should not assume that any discussion or information contained herein serves as the receipt of, or as a substitute for, personalized investment advice from Raffa Wealth Management, LLC. This information was gathered from reliable sources, but we cannot guarantee accuracy. Indexes do not reflect the fees associated with actual investments and such fees would reduce the performance illustrated. Source: FMG Suite, LLC.
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