Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Wednesday, December 06, 2006

Never Satisfied

Markets are never satisfied! Yesterday was a bell ringer day. Today, the employment report was quite rosy, and, suddenly, the good news turned questionable. With tightening labor markets, investors again became concerned about inflation. It's never about what happened today but about what COULD happen tomorrow. We seesaw back and forth between a slowing economy and an overheated one. It's the nature of stock investing. The losses reported today were minimal. Dow -24.75 NASDAQ -6.52 S&P 500 -1.86