Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Wednesday, July 12, 2006

Mid Week Whiplash

Markets went back into the red today. It's earnings season, and the uncertainty is causing a few jitters. Oil jumped over $75 a barrel today, and that didn't help matters. The report on the trade deficit looked mild, though. It seems U.S. business is exporting MORE. This see saw may not end until the next rate hike. It could be a long, hot summer. Dow -121.59 NASDAQ -38.62 S&P 500 -13.92