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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Thursday, March 02, 2006
Rain, Rain, Go Away
The hot and cold weather has directly effected the market once again. Many retailers reported low sales for February. Investors want to blame the weather. The Northeast saw a terrible snow blizzard last month, slowing sales down dramatically. I guess the old saying is true, "When it rains, it pours!" I'm just thankful we've had such beautiful weather these past few days. It sure does make ME want to shop!
And the housing market is finally slowing down. Houses just aren't selling at such a fast rate anymore. And with interest rates promising to climb, the housing bubble may be about to officially pop! Check out what news reporters are saying.
DJIA: -28.02
Nasdaq: -3.53
S&P 500: -2.10