Financial News and Portfolio Management Discussion through March 31st

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

Stocks rallied over the week, rebounding partially from the prior week’s significant declines, but posted the first down quarter in two and a half years.  The S&P 500 and the Dow gained 2.4% for the week.  Internationally, Europe rose 1.4% and Japan surged 4.1% for the week.   The yield on the 10 Year Treasury ended the week at 2.74%, its lowest level of the month and down from 2.87% at the start of March.  Article 

Consumer spending rose a meager 0.2% in February as Americans saved more.

 

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 in this newsletter 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.
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