Monthly Archives: December 2014

US Factory Output Rose in November

US Stocks closed a volatile week up on Fed comments that they will remain “patient” with future interest rate increases. The S&P 500 rose 3.4% and the Dow rose 3.0% for the week. Internationally, Japan rose 1.4% and Europe jumped … Continue reading

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McDonald’s had Largest Drop in Sales in 14 Years

Global stocks sank as oil’s decline in price brought about new doubts of the strength of global growth. The S&P 500 plunged 3.5% while the Dow plummeted 3.8%. Internationally, Japan was off 3.1% and Europe sunk 5.8%. The yield on … Continue reading

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Tom Raffa Recognized for Innovation in Philanthropy

Tom Raffa Awarded for Creation and Development of New Model of Corporate Giving Congratulations to Tom Raffa, President and CEO of Raffa, P.C., for being recognized for the creation of Companies for Causes (CforC), a new model for corporate giving … Continue reading

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US Hiring Accelerated in November

Financial News and Portfolio Management Discussion through December 6th US Stocks ended the week at another record high on the strong jobs report. The S&P 500 rose 0.4% and the Dow gained 0.7% for the week. Internationally, Japan jumped 2.6% … Continue reading

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Oil Prices Continue their Precipitous Fall

Financial News and Portfolio Management Discussion through November 29th US stocks gained over the holiday shortened week, hitting new record highs, over optimism on consumer spending into the holiday season. The S&P 500 rose 0.2% while the Dow edged up … Continue reading

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