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Daily Biz - From the NBR News Desk

posted by Denise Royal, Producer at 3:32 PM on 12/07/07

Daily Biz Title GraphicThe markets remain flat today despite November's employment report that is not expected to keep the Federal Reserve from cutting interest rates as expected next week. Suzanne Pratt finds out how much today's report is expected to impact the decision on interest rates. For the third straight month, consumer sentiment is down, according to the most recent Reuters/University of Michigan index. That can't be a surprise with higher gas prices, lower housing prices and other problems in the economy.

Also in tonight's program, Darren Gersh looks at what's left on the Congressional agenda. With the holiday recess looming, lawmakers only have a short amount of time to tackle some important issues. And, our Market Monitor guest says now is a good time to be an investor - if you like value. He's John Hughes, President of Quantum Capital Management.

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Domino effect! This is the time for many Americans to learn more about saving & investing more! As long as the economy is weak, I believe discipline will come into play. People in general learn from their mistakes when things "hit the fan." So, I suggest that everyone to stay away from unnecessary spending and focus on mutual funds, small business start-ups, bonds, etc. Follow up on NBR and read the free books at your nearest library about money management!

-Richard John (CEO)
Rymatica Entertainment

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