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Welcome! 

You have reached the Money Matters, Inc. website. At Money Matters, we help clients organize their financial lives, save on taxes and invest soundly.
Building trust is an important process at our firm. Clients trust us, I believe, because:


-  We place clients' interests first
-  We do what we say we will do
-  We do not sell products or receive commissions
-  We provide objective advice
-  We try hard to serve clients well
Our client base consists of professionals as well as small businesses.  We are fortunate to serve some very nice people and they make our work enjoyable.
 
Rod Roath, CPA, CFP
Founder
 

MONEY BITS BLOG

1 Jul 2010 09:55 • Rod Roath

July News

News Headline Updates and Their Impact on Stock Prices
Posted July 21, 2010

Our last newsletter, entitled “May News Events Impact Stock Prices” analyzed four major news events. Update summaries are presented below. Each news story produced a downdraft in
stock market prices and updraft in stock market volatility.

BP Oil Spill on April 29th
The BP underwater oil well exploded in the Gulf of Mexico causing the world’s largest oil spill.  This week the oil spillage stopped, at least temporarily. Economic consequences will last for several more months. Ecological consequences will last for several more years.
Flash Crash of May 6th
Within 10 minutes, the Dow Jones Industrial Average lost nearly 700 points. After several investigations, no one can determine the exact cause of the drop...

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     Money Matters, Inc.