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
Monday, May 01, 2006
May Day Fizzle
Markets started well on this first of May but lost their steam, as rumors of higher interest rates swirled. The Fed and its new Chairman appear poised for another rate hike this month. While gas prices eased somewhat, the possible rate hike took its toll. NASDAQ took the biggest dip.
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Dow -25.29
NASDAQ -18.37
S&P 500 -5.30