Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Wednesday, June 17, 2009

Wednesday's Spotlight

Markets were flat today after a few down days. What is calming the waters? President Obama's new regulations for financial markets is one positive. These offer increased consumer protection, toughened oversight of companies, and more regulations for those strange financial instruments called derivatives. Also, we are hearing that inflation threats are remaining subdued. While everyone seems to be crying "inflation," there is no sign of the dreaded beast on the horizon. DJIA -7.5 NASDAQ -11.9 S&P 500 -1.3