Archive for August 27th, 2007

Daily Archive
Monday, August 27th, 2007

Temporary stock market bounce or sustainable rally?

Sarah Connor’s lyrics “Get up and move, Don’t make me act a fool, Just bounce” come to mind when reviewing the performance of financial markets since the Fed’s emergency discount rate cut on August 17.
The invariable question is to what extent the actions of the Fed and other central banks have calmed jittery financial markets. […]

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