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, September 13, 2010
Monday
A long "phase-in period" for tighter requirements on bank-capital ratios helped boost stocks and risky assets, sending financial stocks and the euro higher. Financials led the charge after banking regulators in Switzerland agreed to phase in new restraints on lenders over more than eight years - a longer horizon than expected, which shouldn't affect bank earnings or lending. Consumer staples and healthcare stocks weighed on the markets as traders started paying attention to the rest of the week's economic calendar, particularly focusing on tomorrow's retail sales report. DJIA +81.36 Nasdaq +43.23 S&P 500 +12.35.