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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

  • 4/17/2017 Inflation Unexpectedly Eased in March

    US stocks sank over the week on geopolitical concerns with Syria, Russia and North Korea. The S&P 500 sank 1.1% and the Dow eased 1.0% for the week.  Internationally, Japan fell 1.8% and Europe was off 0.2% for the week.  The yield on the 10 year Treasury fell to 2.24%, its lowest level since mid […]

    US stocks sank over the week on geopolitical concerns with Syria, Russia and North Korea. The S&P 500 sank 1.1% and the Dow eased 1.0% for the week.  Internationally, Japan fell 1.8% and Europe was off 0.2% for the week.  The yield on the 10 year Treasury fell to 2.24%, its lowest level since mid November, as investors moved into safe haven investments.

    Economist have lowered their growth forecasts for the first quarter and 2017 on increasing skepticism many of the campaign promises will materialize to same degree or at all.

    Retail sales fell 0.2% in March from February and February was revised down from a 0.1% gain to a 0.3% decrease. It’s the first decline in two straight months since 2015.

    Inflation unexpectedly eased in March with the CPI U falling 0.3% from February. Excluding food and energy it fell 0.1%.

    An internal Wells Fargo report slammed former CEO Stumpf over the bank’s sales scandal and the firm is clawing back $75 million in pay from former executives.

    JP Morgan and Citigroup posted sharp increases in profit in the first quarter, but warned investors that the benefits of higher interest rates and Trump’s election won’t help the banks as quickly as many investors 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.

  • 4/13/2017 Panera Bread to Sell to European JAB Holding for $7.2 billion

    Financial News and Portfolio Management Discussion through April 8th US Stocks were flat for the week after digesting a variety of economic reports and US missile strike on Syria. The S&P 500 eased 0.3% and Dow edged down slightly for the week.  Internationally, Europe was flat, but Japan fell 1.3% for the week.  The yield […]

    Financial News and Portfolio Management Discussion through April 8th

    US Stocks were flat for the week after digesting a variety of economic reports and US missile strike on Syria. The S&P 500 eased 0.3% and Dow edged down slightly for the week.  Internationally, Europe was flat, but Japan fell 1.3% for the week.  The yield on the 10 year Treasury edged down slightly to end the week at 2.38%.

    The jobs report fell well below expectations with only 98,000 jobs added below the 175,000 expected. In addition, the January and February reports were revised to show 38,000 less new hires.    However, the unemployment rate did drop 0.2% to 4.5%.  The average hourly earnings rose 2.7% in March from a year earlier in line with expectations.

    US manufacturing activity continued to expand in March, however at a reduced rate as compared to February.

    Auto sales dipped in March.

    Minutes from the Fed’s March meeting were released showing that it would likely begin shrinking a $4.5 trillion loan portfolio later this year.

    US firms in the S&P 500 are expected to post an 11.2% jump in earnings in the first quarter over last year, the strongest performance since 2011.

    Tesla posted its best quarter to date with a sales increase of 69%. It is now the second most highly valued auto firm in the US behind GM.

    Panera Bread agreed to sell itself to European investment fund JAB holding for $7.2 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 bisnow.com

  • 4/5/2017 Consumer Confidence Hit Highest Level in 16 Years

    US stocks had their best quarterly performance since the end of 2015 as investors moved from expecting changes in US policy to expecting stronger economy growth. For the week, the S&P 500 was up 0.8% and the Dow rose 0.3%.  Internationally, Europe gained 1.2%, while Japan sank 1.8% for the week.  The yield on the […]

    US stocks had their best quarterly performance since the end of 2015 as investors moved from expecting changes in US policy to expecting stronger economy growth. For the week, the S&P 500 was up 0.8% and the Dow rose 0.3%.  Internationally, Europe gained 1.2%, while Japan sank 1.8% for the week.  The yield on the 10 Year Treasury was flat for the week finishing March at 2.40%.

    Margin debt reached an all time high in February, a new sign of investor bullishness.

    US home prices in January increased at their fastest rate since 2014. The Case Shiller index rose 5.9% over the trailing twelve months.  Much of the surge in pricing has been driven by limited supply with the number of homes for sale down 7.1%.

    Consumer confidence hit its highest level in 16 years.

    The UK officially notified the EU of its intention to leave setting off a likely acrimonious 2 year negotiation.

    Fourth quarter GDP was revised up to 2.1% from 1.9% above expectations.

    The Fed is currently planning to make two additional rate increases this year then pause near the end of the year to begin to unwind the $4.5 trillion portfolio of mortgage and Treasury securities. The plan depends on the continued steady growth of the economy.

    The personal consumption expenditures index, the preferred measure of inflation by the Fed, rose to 2.1% in February for the first time surpassing the 2% goal the Fed targets.

    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 abcnews.com

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