Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Wednesday, July 08, 2009

A New Quarter Begins

I know it has been a few days since you all have heard from me. It has been very busy around here at New Perspectives! It is quarterly report time! The big news lately, of course, is the Michael Jackson Memorial. However, in the economy, we are expecting stocks to be a little sluggish during the summer just like our weather. Today, the stocks have been on a rollercoaster. The DOW was down around 75 points at one point today but made significant gains. The other major indexes only had minor gains or losses. DJIA +14.81 S&P 500 -1.47 NASDAQ +1.00