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Finance For Dummies

Finance For Dummies offers personal finance information on investing, retirement investing, finance, insurance, credit cards, loans and more. Personal finance education is our goal.

Wednesday, June 21, 2006

Today's Stock Market

The U.S. stock market had another big-gain day today. At one time the NASDAQ was up 2.1% for the day. It is very difficult to read the U.S. equity market right now. Two weeks ago many thought the perfect storm of inflation, consumer debt, national debt and the trade imbalance was going to whack the stock market. It has, but it has almost bounced back to where it was before fears began rushing in. This is no help for predicting the future, except to say that it will be unpredictable. Reactions after the Fed announcement next week will make things at least a little less cloudy.

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