Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, November 05, 2007

Citigroup takes another hit

All 3 major indexes lost arond halp a percentage point on Monday. Citigroup shares lost 4.85% mainly due to management departures and losses in the current quarter. Some anaylysts believe that investor nervousness about the credit crunch has drowned out otherwise encouraging economic data. Are investors acting on too heavily on fear instead of facts? DJIA -51.70 Nasdaq -15.20 S&P 500 -7.48