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, February 08, 2008
Recession fears linger
Markets had a mixed performance Friday, as recession fears seem to be all the buzz. Tech stocks, lifted by a $1 billion share-buyback plan by Amazon.com, were standouts on an otherwise downbeat day. Crude-oil futures jumped $3.66, to $91.77 a barrel today, as several developments raised concerns about the supply. "If we do get a recession in the U.S. this year, it could cut the oil price significantly" by slashing demand, said analyst Phil Flynn, of Alaron Trading, a Chicago brokerage. Have a safe weekend!
DJIA -64.87 Nasdaq +11.82 S&P 500 -5.62