Financial News and Portfolio Management Discussion through March 26th

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

US stocks saw their streak of weekly gains snapped as oil prices fell and the potential for a Fed move this summer increased. The S&P 500 fell 0.7% while the Dow eased 0.5% for the week. Internationally, Japan rose 1.7%, but Europe was off 1.9% for the week. The yield on the 10 year Treasury bill rose slightly to 1.90%.  Article

Fourth quarter GDP was revised higher to 1.4% from the previously reported 1.0%. The number was driven higher by consumer spending and despite weakness from corporate profits.  Article

Durable goods orders fell 2.8% in February from January showing weak global growth is pulling down corporate spending.

US natural gas output reached its highest level ever during the winter resulting in a large supply glut.



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


DiggLinkedInDeliciousRead It LaterStumbleUponEmailGoogle BookmarksGoogle BuzzFacebookShare
This entry was posted in Monthly Market Commentary, Nonprofit Investing, Personal Financial Management. Bookmark the permalink. Both comments and trackbacks are currently closed.
  • Contact Us
    Raffa Wealth Management
    1899 L Street, NW
    Suite 900
    Washington, DC 20036
    Tel: 202-955-6734