Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, June 29, 2010

Rough Day

Markets tumbled around 3% today as investors weighed the possibility of a slowdown. China's growth has moderated. This slower pace may be a harbinger of things to come. As expected, consumer confidence fell in May. The list of events that have dampened the mood is topped by an oil spill. Housing prices ticked up. DJIA -268.22 NASDAQ -85.47 S&P 500 -33.33