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.
Independent, Fee-Only Financial Advisor
Monday, August 18, 2008
The Financial Hump
Oil fell to below $113 a barrel. We noted the change at the pump, as we cruised into town last night-- from near $4 a gallon to $3.50 per gallon. My husband reported a $3.39 per gallon sighting! Despite the continued freefall of oil, markets dropped 1.5% across the board. The financial sector continues to weigh on investors. Freddie and Fannie are taking it on the chin. We await word from Washington on these two supporting giants.
DJIA -180.51 NASDAQ -35.54 S&P 500 -19.60