Nancy Lottridge Anderson, Ph.D., CFA, and her staff offer expert advice and personal service. We offer our services on an hourly or retainer basis for our clients. Our services include account management, stock and economic research, retirement planning, and 401k slate analysis. We manage investment accounts of any size and tailor the portfolio to meet your specific needs. For clients of ours, we are available to help with any financial situation you face.
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Tuesday, November 22, 2005
A Good Start
After yesterday's news from GM of their laying of 30,000 employees and closing several U.S. factories (listen to a heated debate on the cause here), the market was back up today. Investors think the Fed will boost rates just twice more this year, keeping the risk of inflation low. And the price of gold continues to rise, marking a 20-year high. Finally, retailers are very optimistic about the already-here holiday season, pointing to the decrease in gasoline prices and high October sales as positive omens.
DOW: +51.15
Nasdaq: +11.89
S&P 500: +6.38