Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, August 30, 2007

Finally... Rain

After weeks of hot, dry days, the rain finally hit. I'm hoping for a few days of this weather to make up for the drought. The rain and the breeze are making it feel a bit like Fall. The first college game for MSU is tonight, so this weather break is timely. The Bulldogs are facing the LSU Tigers, and I don't have a good feeling about it. I've seen Tiger vehicles rolling through Jackson for the last 2 days. Let's hope the fans behave. Markets were mixed today, as more economic data hit. GDP was revised upward. Corporate profits are up a healthy 5.4%. Home prices are holding steady from last quarter and up from last year. Despite this, investors remain skittish. Large caps dropped, while the NASDAQ eked out a positive for the day. DJIA -50.56 NASDAQ +2.14 S&P 500 -6.12