Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Friday, September 01, 2006

First of September

It's September 1st, and the temps have finally cooled off in the Deep South. This is the first week of college football, and it feels like it, for a change. While the air cooled off, Wall Street heated up today. Unemployment numbers fell to a low of 4.7%! Can they go any lower? Of course, now we'll be concerned about wage pressures and possible inflation. GM even posted good news on their sales, but don't expect this to last. All indexes were higher, with the Dow taking the prize, up more than 0.7%. Enjoy your Labor Day weekend. Dow +83.00 NASDAQ +9.41 S&P 500 +7.19