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
Friday, August 03, 2007
End of Day Slide
Markets tumbled, but so did oil prices. What gives? Well, it's the credit market again. Those pesky problems in the subprime market are spreading. Job creation slowed, also dampening expectations on Wall Street. The combination of slower jobs growth and lower oil prices should keep the Fed in check. Maybe, the inflation bugaboo will disappear. Now, we just need to calm down that credit market. Indexes dropped from 2 to 2 1/2%.
DJIA -281.42 NASDAQ -64.73 S&P 500 -39.14