Higher Interest Rates and Investors

Happy New Year and best wishes for a healthy and prosperous 2018.  Many of our clients learned about Bitty & Beau’s Coffee during the holidays.  This amazing story continues to draw attention.  We recently learned that Subaru will be matching (dollar for dollar up to $50,000) all contributions through January 7,2018.  Visit their website to learn more www.bittyandbeauscoffee.com

Market Review – The last trading day of 2017 began on a high note with stocks surging.  The ascent was fleeting as stocks retreated for much of the day.  The selling intensified late in the day and left major benchmarks at their lows. The Dow Jones Industrial Average and S&P 500 both ended down 0.5%, while the Nasdaq Composite fell 0.7%. Light trading for the holiday-shortened week left declines of 0.1% for the Dow, 0.4% for the S&P 500 and 0.8% for the Nasdaq. But the benchmarks all had solid performances for 2017, closing with price gains of 28.2% for the Nasdaq, 25.1% for the Dow and 19.4% for the S&P 500.

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