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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Friday, August 10, 2007
Will the Fed cut rates?
Stocks, which were in the red throughout the morning, bumped a bit higher as the Fed made moves to ensure the markets had adequate liquidity. "The extra Fed liquidity added a little stability into the market, at least for today," said Robert Pavlik, chief investment officer at Oaktree Asset Management. The major indexes made a run higher into the last 30 minutes of the session and ended mixed. The market this week has been all over the place and I think we all could use a two day break.
DJIA -31.14 Nasdaq -11.60 S&P 500 +.55