Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, September 19, 2006

Inflation? What inflation?

Investors seem to no longer be concerned about inflation. The cause of such a huge scare three months ago has diminshed to a mere memory, and now the opposite seems to hold everyone's attention. After Yahoo announced a slowing market for online advertisers, investors took it as a sign the economy may be slowing, and trading on the Dow dropped a little over 14 points. The hop down didn't stop some companies, however. Oracle announced a steep rise in its profit and revenue, and its stock soared. DJIA: -14.09 Nasdaq: -13.38 S&P 500: -2.87