Barker on the Market
October 5, 2006—Mike Barker, Investment & Retirement Management discusses the Dow reaching record highs three times this week, what it means to the overall market and to individual investors and how long he feels the upturn will last. Barker also looks at how the Nasdaq and the S&P 500 are performing as compared to the Dow, he also discusses the economy in general, looking at the anticipated soft landing in the housing sector and the drop in 25% drop in oil prices since mid-July. Also discussed are the threat of inflation, retail sales and the 3rd quarter earnings reports.