Financial News and Portfolio Management Discussion through November 14th

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

The surprise outcome of the US Presidential election sent shockwaves through markets as investors tried to decipher what the result will mean for various asset classes. The Dow reached a record high and had its best week since 2011 rising 5.4%.  The S&P 500 rose 3.8% for the week.  Internationally, developed markets reacted positively with Japan rising 2.80% and Europe gaining 2.6% for the week. Emerging markets struggled falling 3.84%.  The yield on the 10 year Treasury shot up to 2.12%, a level last seen in January as investors’ inflation expectations increased.  Article

Retail stores offered optimistic forecasts for the holiday shopping season.



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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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