Financial News and Portfolio Management Discussion through March 25th
US Stocks had their worst week since before the election on concerns over whether the president’s agenda will meet investor expectations. The S&P 500 sank 1.4% and the Dow dropped 1.5% for the week. Internationally, Japan fell 1.4% and Europe edged down 0.5% for the week. The yield on the 10 Year Treasury fell to 2.40%, its lowest level since the end of February.
US durable goods orders rose 1.7% in February, but excluding aircraft purchases it rose 0.4%.
After 7 years of losses Sears said it may not be able to continue operations.
Reposted from the Raffa Wealth Management Blog.
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