Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, August 15, 2005

A Good Start

The week started good for markets, as oil dipped slightly. As the kiddies head back to school, demand for oil should ease. It's time to make runs to the soccer fields instead of runs to Florida. The economy continues to post solid numbers. Higher incomes mean higher tax revenues. The deficit is getting some much needed help from the upturn. Will it be enough? Delta airlines is looking at bankruptcy proceedings. The stable, old line will have to regroup to compete. Dow +34.07 NASDAQ +10.14 S&P 500 +3.48