Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, March 25, 2008

Stepping off the rollercoaster

The stock market's relatively calm tone Tuesday was a peaceful break from the recent rollercoaster we have been on. Major stock indexes ended mixed, while the dollar fell and commodity prices jumped. So why the more tranquil mood today? It seems to me that investors are stuck between thinking we have seen the worse and wondering if another fallout is right around the corner. But analysts said financial markets are continuing to wrestle with the implications of several recent moves by the Fed aimed at establishing a framework for more stable credit trading and a rebound in economic growth. DJIA -16.04 Nasdaq +14.30 S&P 500 +3.11