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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

  • 3/20/2017 Retail Sales Posted Smallest Gain Since Last Summer

    Financial News and Portfolio Management Discussion through March 18th US Stocks rose slightly over the week as it appeared, based on Fed comments, that they would not raise rates as quickly as the market was expecting. The S&P 500 gained 0.2% and the Dow ticked up 0.1% for the week.  Internationally, Europe rose 1.4%, while […]

    Financial News and Portfolio Management Discussion through March 18th

    US Stocks rose slightly over the week as it appeared, based on Fed comments, that they would not raise rates as quickly as the market was expecting. The S&P 500 gained 0.2% and the Dow ticked up 0.1% for the week.  Internationally, Europe rose 1.4%, while Japan fell 0.5% for the week.  The yield on the 10 year Treasury, after reaching its highest level in over two years, fell over the week to 2.50%.

    The Fed announced it was raising the Fed funds rate a quarter percentage point to between 0.75% and 1.0%. They said they still expected to make two additional quarter percentage point increases this year.  The increase was made as the Fed views the US economy as being on more solid footing.  The projections were less aggressive than the market had anticipated.  As a result treasury yields fell.  The 10 Year Treasury yield posted its largest one day drop, 0.10%, since June.

    Retail sales posted their smallest gain since last summer rising just 0.1% in February.

    Geert Wilders, an anti-immigration candidate in the Netherlands, failed to make inroads in the Dutch election.

    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

  • 3/14/2017 GM sold Opel Unit to France’s Peugeot

    Financial News and Portfolio Management Discussion through March 11th US stocks posted their first down week since January on a decline in oil prices. Oil fell below $50 to $48.49 a barrel and dropped 9.1% for the week.  The S&P 500 slipped 0.4% and the Dow fell 0.5% for the week.  Internationally, Japan rose 0.7%, […]

    Financial News and Portfolio Management Discussion through March 11th

    US stocks posted their first down week since January on a decline in oil prices. Oil fell below $50 to $48.49 a barrel and dropped 9.1% for the week.  The S&P 500 slipped 0.4% and the Dow fell 0.5% for the week.  Internationally, Japan rose 0.7%, while Europe was off 0.5% for the week.  The yield on the 10 year Treasury reached its highest level this year rising to 2.58% driven by expectations of the Fed hiking the Fed funds rate at its March meeting.

    Job growth maintained its steady pace with 235,000 jobs added topping expectations. The unemployment rate ticked down to 4.7%.  Average earnings rose to 2.8% from a year earlier.  The strong report provides additional support for the Fed to make an interest rate hike at their next meeting.

    The ECB said they will not reduce the bond purchase program they have in place or cut it short despite recent positive economic news from the country bloc. Draghi did state that it’s unlikely they will need to continue past the end of this year.

    South Korean authorities are bringing bribery and corruption charges against the de facto leader of Samsung.

    GM sold its Opel unit to France’s Peugeot.

    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

  • 3/7/2017 Target Posted Declines in Profit and Sales

    Financial News and Portfolio Management Discussion through March 4th US stocks posted their sixth straight week of gains posting record highs yet again on investor optimism. The S&P 500 rose 0.7% and the Dow gained 0.9%, for the week.  Internationally, Japan was up 1.0% and Europe surged 1.4%, for the week.  The yield on the […]

    Financial News and Portfolio Management Discussion through March 4th

    US stocks posted their sixth straight week of gains posting record highs yet again on investor optimism. The S&P 500 rose 0.7% and the Dow gained 0.9%, for the week.  Internationally, Japan was up 1.0% and Europe surged 1.4%, for the week.  The yield on the 10 year Treasury yield rose to 2.49% up 0.17% over the week as investors expected an interest rate increase from the Fed in March. 

    Recent comments by Fed Chairwomen Janet Yellen and other Fed Governors have increased the likelihood of a March interest rate increase.

    US auto sales were flat in February with discounts weighing on automakers.

    The DOL “fiduciary” rule was delayed 60 days to allow further consideration.

    The Fed’s preferred measure of inflation rose to 1.9% in January, close to its target of 2.0%

    Eurozone business grew more upbeat in February with confidence reaching the highest level since before the financial crisis.

    Caterpillar’s offices were raided by the IRS and other government agencies over suspected misleading information released about its financial documents and exports.

    Snap’s IPO soared, rising 44% on its first day to value the company at $34 billion.

    Target posted declines in profit and sales and said 2017 would be worse than Wall Street expected.

    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

    Image courtesy of watchdog.org

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