Archive for August 17th, 2007

Daily Archive
Friday, August 17th, 2007

Why the Fed’s rate cut did not come as a surprise

Since hitting a peak on July 16, the meltdown in global stock markets has taken place with lightning speed. Given the fact that more than 10% (using the Dow Jones World Index as a proxy for global stocks) has already been wiped off investors’ scoreboards, the question invariably is how low can we go.
Has the […]

15 Comments » - Posted in Markets, Investment, Money, Stocks, Wall Street, Gold, Finance, Business, Commodities, Economy, Equities, Bonds by Prieur du Plessis