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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Tuesday, April 22, 2008
Pain at the Pump
My husband gives me nightly reports on the price of gasoline. For a while, I ignored him. That is, until I crossed the $50 mark on a fill-up. Ouch! Oil prices have climbed more since then to $119 per barrel. Increases in demand across the globe combined with a weak dollar have resulted in the pain at the pump. This won't go away soon, not with the heavy travel season upon us. Stocks pulled back about 1% today as a result. After the close, Yahoo announced earnings, and it was all rosy. Expect us to gain back some of that 1% tomorrow!
DJIA -104.79 NASDAQ -31.10 S&P 500 -12.23