Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Wednesday, July 02, 2008

Jobs and Oil

The U.S. economy lost jobs in the latest report. Oil keeps bouncing around the low $140 range, going over $144 at one point. GM is hitting the skids. And Lehman is handing out bonuses?? Of course, the bonuses are in the form of Lehman stock-- may not be worth the paper they're printed on! It's still tough on Wall Street, as all indexes are in the red. DJIA -166.75 NASDAQ -53.51 S&P 500 -23.39