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, January 04, 2008
Not a Pretty Day!
I went to Circuit City yesterday to buy a computer. I couldn't find a salesperson to help me. Their response? We've laid off the seasonal workers. Maybe it's just this store, but the job numbers for December were disappointing. During a heavy shopping season, the economy created only 18,000 new jobs. Could we hope for a revision? That won't help today's numbers, as investors sold off on the news. Large-caps were down 2 to 2 1/2%, while NASDAQ fell nearly 4%. Ouch! As I wait for the January effect, I think I'll start trolling for bargains!
DJIA -256.54 NASDAQ -98.03 S&P 500 -35.53