Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Wednesday, March 12, 2008

A Quieter Day

Yesterday, the Fed stepped in to offer additional liquidity. The result was an addition of more than 3% on all indexes. While this makes for a Super Tuesday on Wall Street, it still doesn't erase this year's declines. Uncertainty is still in the picture. Despite this, I am seeing shoppers on the car lots and in the open houses. Is this just the warm weather luring people out, or are we seeing some life in this economy? Today, markets gave back a little of yesterday's gain. DJIA -46.57 NASDAQ -11.89 S&P 500 -11.88