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.
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Tuesday, August 01, 2006
Waiting for the Fed
It's a guessing game as all sides weigh in on the next Fed move. Some say it's a definite, while others claim they'll leave the rate at 5.25%. The market is holding its breath for the outcome. Meanwhile, oil prices are slipping a bit, but not enough to help us at the pump. Even my daughter is complaining about the price of gasoline. Of course, that's because she's paying her own bills these days! If you're looking for ways to cut those pump costs, try this site... http://biz.yahoo.com/special/pf080106.html . The Dow and the S&P 500 gave up about 1/2%, but the NASDAQ took it on the chin today.
Dow -59.95
NASDAQ -29.48
S&P 500 -5.74