Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, March 06, 2008

Credit Markets Again

Problems in the credit markets hit stocks again today, as some of the big bond houses experienced margin calls. Bank stocks dropped significantly on the news, as investors weighed this additional uncertainty. Stocks dropped 2% or more today. Wall Street could use a few quiet days! DJIA -214.60 NASDAQ -52.31 S&P 500 -29.36