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, April 26, 2010
Monday
Thanks to a strong profit report from Caterpillar, the Dow Jones Industrial Average managed to end just above the break-even point today. The financial sector took a tumble due to investors shying from big-name banks ahead of a Senate vote (expected this evening) on reforms that could require Wall Street firms to spin off their derivatives-trading desks if they want to receive federal assistance in future crises. Concerns over how aid will be structured to help Greece climb out of its budget deficit stirred up that country's financial markets, pushing the cost of insuring Greek debt against default to new records. The dollar strengthened against the euro but slipped versus the yen. DJIA +.75 Nasdaq -7.20 S&P 500 -5.23.