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
Tuesday, June 05, 2007
Change of pace
Tuesday brought a change of pace as all three indexes finished in the red. Nasdaq and S&P took a stumble losing 7.06 and 8.23 points respectively. The Dow dropped significantly this morning, followed by a slight afternoon recovery, leaving it with an 80.86 deficit for the day. Today's loss could possibly be contributed to Bernanke's comments on inflation risks, even though he still feels confident about the outlook of the U.S. economy. The rough morning was "interest-rate driven," and came "a little out of the blue," according to Bennet Sedacca, president of Atlantic Advisors. President Bush spoke in Prague today, discussing his world-wide push for freedom and democracy. I am interested to see where our market will be tomorrow.
DJIA -80.86 Nasdaq -7.06 S&P 500 -8.23