Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, August 29, 2006

Anniversary

The Dow was up today, despite low consumer confidence and suspicions that, despite the Fed's minutes from their last meeting, rates just might go up again this year. Investors don't seem too worried, as oil prices dropped (down to below $70/barrel) and small businesses popped up in trading today. But the real focus of everyone today was on the Coast. Today marks the one-year anniversary of Katrina hitting our Gulf Coast, and services were held all day. For some tear-jerking broadcasts this evening, you have your choice of programs (abc, nbc, cnn - just to name a few) as our country focuses on both the tragedies and heroes of the worst natural disaster in America's history. DJIA: +17.93 Nasdaq: +11.6 S&P 500: +2.5