Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, November 15, 2007

Inflation worries

A late selloff left the markets in the negative, after spending much of the day slightly changed. Investors are still showing worry over the issue of infation. British bank Barclays PLC on Thursday became the latest bank to disclose write-downs, announcing it was writing off $2.67 billion after subprime and related credit trouble from July to October. All around Thursday was rather quiet but I am interested to see what happens Friday. DJIA -120.96 Nasdaq -25.81 S&P 500 -19.43