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, September 08, 2008
The news that the federal government is stepping in to bail out Fannie Mae and Freddie Mac was welcome to Wall Street. While there is a question about the outcome for stockholders in the individual companies, overall the news was good for the economy. These two giants hold mortgages and securitize mortgage pools. The move will reassure buyers of credit instruments and will ease the tight credit on real estate. Long-term rates may even decline. Large-caps cheered! DJIA +271.54 NASDAQ +12.55 S&P 500 +23.12
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