Financial News and Portfolio Management Discussion through November 26th

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

Stocks posted their third straight week of gains and ended the holiday shortened week at new all time highs on optimism over possible tax cuts, reduced regulations and fiscal stimulus. The S&P 500 gained 1.4% and the Dow rose1.5 % for the week.  The Russell 2000 small cap index has posted 15 straight days of gains and posted a record high as well.  Internationally, Japan jumped 2.2 % and Europe was up 0.9% for the week.  The yield on the 10 year Treasury reached its highest level since July 2015 finishing the week at 2.36% as investors’ expectations for inflation have accelerated. Article

 

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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 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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