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, December 12, 2006
Steady as she goes
The Fed left rates alone today. Sometimes, no news is good news. Markets actually dipped on this announcement. For large-caps, it was barely a blip, while techs took about a 1/2% hit. While Mr. Bernanke keeps talking about inflation, markets keep hoping for an interest rate decline. The yield curve has been inverted for a long time, and it will take changes on the short end (probably) to bring it back in line. Dow -12.90 NASDAQ -11.26 S&P 500 -1.48
Posted by Anonymous