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
Wednesday, September 23, 2009
Today, it is raining here in Mississippi. Also, in the markets, a broad and rapid late afternoon selloff pulled stocks lower despite a brief run-up on the Federal Reserve's decision to leave interest rates steady. In what traders called an optimistic Fed statement, the Federal Open Market Committee said at the conclusion of its two-day policy meeting that "economic activity has picked up following its severe downturn." The central bank's rate-setting panel voted 10-0 to keep the target for it federal-funds rate for interbank lending at a record-low range of zero to 0.25%. We hope tomorrow is a better day! DJIA -81.32 S&P 500 -10.79 NASDAQ -14.88
Posted by Anonymous