Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, May 31, 2005

Is It Monday or Tuesday?

It's a short week, with the passing of Memorial Day. It's always confusing to me to start my week on Tuesday. Of course, I love seeing Friday show up early! Markets are down today, but not drastically. Consumer confidence numbers are out, and they're better than expected. What difference does this make? When we consumers feel good about our prospects, we spend more money and companies earn more. It comes back to that old saying, "When Momma's happy, everybody's happy!" Meanwhile, the U.S. and China are still battling over underwear. The U.S. has imposed quotas on textile imports from China, and the Chinese are threatening to retaliate. This one really hits you where you live! Here's hoping the first week of June follows in May's footsteps.