Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, March 31, 2008

End of a Tough Quarter

It was the last day of the quarter. It's been a tough one, as investors endured continuing difficulties in the credit market. Treasury Secretary Paulson gave a speech outlining a complete overhaul of the regulations. Of course, it all has to get through Congress and a Presidential election. Don't hold your breath on this one! No doubt that changes need to occur. I just don't expect this to happen soon. Overall decline for the first quarter of 2008? 7.8% DJIA +46.49 NASDAQ +17.92 S&P 500 +7.48