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Raffa Wealth Management
Raffa Wealth Management

Raffa Wealth Management is a registered investment advisor offering a serious, long term approach to growing and sustaining wealth.

We were established to fill what we consider to be a glaring need for transparency, clarity, and accountability in managing investments. Whether you are an organization, private foundation, or an individual supporting the nonprofit sector - we are proud to help you "Grow it for Good!"​​​​​​​​​​​​​​​​​​​​​​​
Wealth Management Blog

  • 2/20/2017 Retail Sales Rose 0.4% in January from December

    Financial News and Portfolio Management Discussion through February 18th US stocks continued their run of new record highs ending the week at an all time high on strong economic growth and corporate earnings. The S&P 500 rose 1.5% and the Dow gained 1.7% for the week.  Internationally, Japan dropped 0.7%, while Europe was up 0.8% […]

    Financial News and Portfolio Management Discussion through February 18th

    US stocks continued their run of new record highs ending the week at an all time high on strong economic growth and corporate earnings. The S&P 500 rose 1.5% and the Dow gained 1.7% for the week.  Internationally, Japan dropped 0.7%, while Europe was up 0.8% for the week.  The yield on the 10 year Treasury was relatively flat for the week finishing at 2.43%.

    In testimony on Capitol Hill Fed Chief Yellen stated an interest rate increase could come as soon as the Fed’s March meeting if economic news remains solid.

    Retail sales rose a better than expected 0.4% in January from December and are up 5.6% over the past year.

    US factory output increased 0.2% in January.

    Inflation reached its highest annual pace in almost five years with the consumer price index rising 0.6% from December and up 2.5% over the past twelve months.

    newconstructionUS new housing stats dropped 2.6% on a decline in multifamily construction.

    UK retail sales fell for a third straight month, falling 0.3% in January as inflation has started to deter shoppers.

    Verizon appears back on track to purchase Yahoo agreeing to reduce its purchase price by $300M after hacking revelations at Yahoo.

    Reposted from the Raffa Wealth Management Blog.

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

    photo courtesy of statestreethousing.com

  • 2/7/2017 Unemployment Rate Rose to 4.8%

    Financial News and Portfolio Management Discussion through February 4th US Stocks were relatively flat for the week after seeing significant volatility driven by policy changes from the Whitehouse. The S&P 500 edged up 0.1%, while the Dow ticked down 0.1% for the week.  Abroad, Europe fell 0.6% and Japan sank 2.8% for the week.  The […]

    Financial News and Portfolio Management Discussion through February 4th

    US Stocks were relatively flat for the week after seeing significant volatility driven by policy changes from the Whitehouse. The S&P 500 edged up 0.1%, while the Dow ticked down 0.1% for the week.  Abroad, Europe fell 0.6% and Japan sank 2.8% for the week.  The yield on the 10 year Treasury was roughly flat ending the week at 2.49%.

    The Fed elected to keep rates unchanged after their most recent meeting and said it remained on track to raise them over the course of the year, but did not provide any additional clues about timing.

    unemployment

    In January employers added 227,000 jobs, the best month since September, but the unemployment rate rose to 4.8% as more people joined the workforce as past months were revised down. Wage growth disappointed as they grew 2.5% over the past year compared to 2.9% in December.

    The Fed’s preferred measure of inflation ticked up 0.2% in December and rose 1.6% for the full year, its largest increase in over 2 years.

    After a strong fourth quarter Eurozone GDP rose 1.7% in 2016 slightly topping US growth of 1.6%. The jobless rate also fell to a seven year low.

    Inflation is on the rise across the globe. The Eurozone saw prices rise 1.8% in January from a year earlier, Japan’s inflation expectations have risen from 0.45% to 0.61% and the US is at the fastest inflation pace in over two years.

    The Case Shiller home price index rose 5.6% for the year ending in November.

    President Trump signed an executive order that could undo much of the Dodd Frank financial law and sought to rollback the DOL fiduciary rule.

    Apple, Facebook blew past estimates, while Exxon, Deutsche Bank and Amazon disappointed investors with their earnings releases.

    Reposted from the Raffa Wealth Management Blog.

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

    Photo courtesy of businessinsider.com

  • 1/30/2017 Microsoft Posted Solid Results for 2nd Quarter

    Financial News and Portfolio Management Discussion through January 28th US Stocks reached new record highs over the week with the Dow topping the 20,000 mark on moves by the new administration and strong corporate earnings.  The S&P 500 rose 1.0% and the Dow gained 1.3% for the week.  Internationally, Europe increased 1.0% and Japan jumped […]

    Financial News and Portfolio Management Discussion through January 28th

    US Stocks reached new record highs over the week with the Dow topping the 20,000 mark on moves by the new administration and strong corporate earnings.  The S&P 500 rose 1.0% and the Dow gained 1.3% for the week.  Internationally, Europe increased 1.0% and Japan jumped 1.7% for the week.  The yield on the 10 year Treasury was flat over the week ending at 2.48%.

    US new home sales sank in December due to higher costs, but still rose over 2016.

    The US grew at a 1.9% rate in the fourth quarter, a slowdown from the 3.5% third quarter pace.

    The Aetna Humana merger was blocked by a judge on antitrust grounds potentially ending the $34 billion deal.

    Boeing posted 4th quarter earnings that topped expectations and raised future estimates.

    Microsoft posted solid results for its second quarter.

    Google’s fourth quarter revenue grew at 3 times the pace of profit as it looked for new sources of growth.  Revenue topped expectations while profit missed.

    jandj

    Johnson and Johnson agreed to purchase a Swiss biotech’s drug discovery operations for $30 billion.

    Reposted from the Raffa Wealth Management Blog.

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

    Photo courtesy of fortune.com

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