Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, February 09, 2006

An End in Sight

The DJIA rallied all day today, trying to reach 11000, but was tripped up in the final hours. The Dow still ended up, and that means a day in the green. Economists are calling on Bernanke to prove his inflation-fighting stand, but that means higher rates, and forecasters continue to predict rates not going above 4.75% for this year. It will be interesting to see which way our new leader goes. And GM and Ford are trying to decide on ways to provide financial assistance. I'm just relieved GM is finally pulling out of this one! DJIA: +24.73 Nasdaq: -11.11 S&P 500: -1.87