Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Friday, April 07, 2006

Stormy Friday

I've been watching the weather website all day, waiting for the big storms to blow through. It's been a wild spring, weather-wise, and tonight may be our unlucky night. I don't see the clouds to the west of us, but the wind is kicking up. Let's hope Mississippi misses this one. Storms are brewing on Wall Street. Employment numbers came in, and they looked great. Unemployment is down to a very low 4.7%. What storm, you say? Well, now the concern is that inflation will take centerstage and will wreak havoc on this good market run. This is being reinforced by the price of gold... hitting $600 per ounce. Markets fell about 1% across the board. Let's hope for sun on Monday! Dow -96.62 NASDAQ -22.15 S&P 500 -13.55