Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Wednesday, May 18, 2005

What Hump?

Wednesday... and the markets are continuing their upswing. The Dow is up nearly 70 points, and the NASDAQ is hanging onto its 2000+ position nicely. Wholesale prices were up yesterday, while consumer prices report increases today. These numbers don't seem to be affecting stocks, though. What's the deal? Inflation is, usually, a negative on Wall Street. If you're looking for a good mutual fund that weathers all kinds of markets, check out Third Avenue Value. Look on morningstar (on the side bar) for more details. As with any investment, make sure you do your homework!