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, May 30, 2007
Whoa!
U.S. markets took off today, despite the rumble in China. The Chinese are concerned about an overheated stock market, so they tripled the tax on stock transactions. It didn't just slow things down. It put them in reverse. Strangely enough, our markets responded positively. Gains on all indexes were around 0.8%. The S&P 500 hit a record. The record for this broader index is a good sign. Microsoft has a new computer screen. It's a table top! I just can't keep up with these changes.
DJIA +111.74 NASDAQ +20.53 S&P 500 +12.12