Financial News and Portfolio Management Discussion through July 14th

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

US stocks rose over the week on strong earnings reports.  The S&P 500 gained 1.5% and the Dow rose 2.3% for the week. Internationally, Japan jumped 3.7% and Europe advanced 0.7% for the week. The yield on the 10-year Treasury finished the week unchanged at 2.83%.

The CPI rose 0.1% in June over May, while core prices rose 0.2%. Prices are up 2.9% from a year earlier, the fastest pace since 2012.

Fed Chairmen Powell said the central bank should continue to gradually raise the Fed Funds rate and it was too early to tell how protections trade policies would impact the economy. Continue reading

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Is Your To-Do List a Should-Already-Be-Doing List?

man covered in sticky notesWe all have things we’d like to do but just can’t seem to get around to. Some of them are vague ideas. Some of them have made it all the way on the To-Do list.And then there are those pesky other items: The things we know we should already be doing— but aren’t.The list of reasons for not doing things can be as long as the list of things that need to be done. But often we keep running into the same old roadblock: Lack of time. Continue reading
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Are Your Job Descriptions Doing Their Jobs?

A great job description performs several important functions. It provides appropriate criteria for new hires, structure for current employees, and a basis for conducting performance reviews. And yet how many of us have worked in positions with ridiculously outdated, inadequate or non-existent job description?

Yep. Pretty much all of us.

Job descriptions are a key tool in your HR box. Why not sharpen them up and put them to work? Continue reading

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Ep. 29 – What do Maryland companies have to be excited about?

Tami Howie, CEO, MD Tech Council has lots to share!

In this episode of the Lead. Learn. Thrive. Podcast, Sharon Tiger, Director of Business Development at Raffa Financial Services talks with Tami Howie, CEO, MD Tech Council about the benefits of being a part of the council. Continue reading

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Ep. 28 – Disaster Recovery vs. Business Continuity

In this episode of the Lead. Learn. Thrive. Podcast, Nate Solloway, Director of Raffa’s Managed Technology Services and Kerry Mickelson, CIO for Hire, discuss the difference between something happened to my data and I have to stay in business versus something happened to my building and I have to stay in business. Continue reading

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Tariffs, Fed’s June Meeting and more

Financial News and Portfolio Management Discussion through June 16th

US stocks were mixed over the week as trade war fears mounted.  The S&P 500 edged up less than 0.1% and the Dow fell 0.9% for the week.  Internationally, Europe gained 1.0% and Japan rose 0.7% for the week.  The yield on the 10-year Treasury remained at 2.93%.  Oil fell to $65.06 a barrel for its fourth straight weekly decline. Continue reading

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Got Excuses? It’s Time to Toss Them Out

taking out the trashHow often have you stuck with the same dentist, bank, mechanic, or other provider because the thought of switching things up seemed more stressful or difficult than settling for the same okay-ish service you’ve been getting?What about your financial advisor? Or your insurance provider? These key consultants can do so much to help your business grow and thrive.

Or so very little.

If you’ve been rationalizing your decision to stay with your employee benefits broker, it’s time to get over the fear and drop the excuses. Continue reading

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