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.
Independent, Fee-Only Financial Advisor
Wednesday, November 15, 2006
Wednesday
The day started in Mississippi with strong storms blowing through. By now, though, the sun has come out in full force, and it's beginning to feel like summer again. The markets started off with a bang, adding to the week's gains. Minutes from the Fed were released, and they revealed a reluctance to lower interest rates. Yes, I said LOWER. For months, the talk has been that rates would be lowered to spur further economic development. The problem is, though, that the Fed has more concerns about inflation. Inflation would cause them to raise rates. The combination means there will be no Fed action... for now. Stocks still managed nice gains.
Dow +33.70 NASDAQ +12.09 S&P 500 +3.35