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
Wednesday, January 30, 2008
The Fed Threw a Party BUT...
The Fed came through today and lowered rates 1/2 a point. At first, the confetti was falling on Wall Street. Investors responded by sending the Dow up triple digits. The rally faded by the afternoon, though. Word came down about more concerns among the bond insurers. Oh, that credit market! By market close, we dipped into the red.
DJIA -37.47 NASDAQ -9.06 S&P 500 -6.49