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.
Independent, Fee-Only Financial Advisor
Wednesday, April 26, 2006
Lots of Coffee, Lots of Green!
We had to make two pots of coffee in the office today. We usually do that on days like today. It gets cloudy and gloomy, and we get sleepy. But the gloom was lifted when we looked at Wall Street!
More data reports were released today, and the numbers were much higher than expected. Of course, these signs of our good economy have investors hopping around, seemingly unsure of what consequences a future rate increase (now more definite than ever) could incur. Yesterday investors were worried an increase would damage our economy; today there was a much more positive feeling, sending the market to a new six-year high!
DJIA* +71.24
Nasdaq* +3.33
S&P 500* +3.67