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
Tuesday, May 24, 2011
Tuesday
Stocks registered a third consecutive day of losses after manufacturing data combined with worries about Europe's debt-laden countries continued to weigh on investor sentiment. On the economic front, the Federal Reserve Bank of Richmond said manufacturing activity in the central Atlantic region is contracting this month after seven months of expansion. The service sector also slowed, but remained in expansion. Worries about Europe still lingered today. Moody's Investors Services warned that a Greek debt restructuring could affect the credit ratings of other European governments and could lead to rating downgrades for Greek banks. DJIA -25.05 Nasdaq -12.74 S&P 500 -1.09.