Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, May 12, 2008

Tragic Events

China has lost thousands as it is hit by a strong earthquake. In North Mississippi, citizens felt rumblings underfoot. Myanmar is mired in political turmoil after their major cyclone. Globally, humanity is suffering, and we are hampered in our efforts to help. Wall Street did not take note of this toll, only the price of oil, as it fell below $125 per barrel. AIG is on the ropes, but even this didn't affect investors. NASDAQ gained nearly 2%. All indexes were in the green. Several mergers are in the works. DJIA +130.43 NASDAQ +42.97 S&P 500 +15.30