Dreary Tuesday

The Fed has raised rates AGAIN! This is the 12th time the federal-funds rate has been raised, lifting it by a quarter percentage point to 4%. They're trying to keep inflation from rising, but some say Bernanke is simply performing a tightrope act. As investors took in the news from the Fed, it had a direct impact on the market. Add to this the low October earnings reports from GM and Ford, higher crude oil prices, and lower treasury bonds, and the day was as dismal as our weather! As much as I love the cold temperatures, I sure hope it brightens up - on the market, too! DJIA: -33.30 Nasdaq: -6.25 S&P 500: -4.25