Financial News and Portfolio Management Discussion through November 23rd

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

US stocks declined for the week on concerns about the direction of US/China trade talks.  The S&P 500 declined 0.3% and Dow fell 0.4% for the week.  Internationally, the FTSE All-World Ex-US eased 0.4% for the week.  The 10-year Treasury yield eased over the week to finish at 1.77%.

In minutes from the Fed’s October meeting, they offered few clues about their next move focusing more on a wait and see approach as they evaluated global growth and trade and their impact on the US.

Business activity in the US posted a reading at a four-month high in November, while Europe showed declining growth.

US consumer sentiment rose surprisingly in November.

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.
Bookmark this page