Archive for September 10th, 2007

Daily Archive
Monday, September 10th, 2007

Whiplashing of Wall Street – where to now?

The MSCI World Index shed 11.0% between its high on July 19, 2007 and August 16, with the S&P 500 Index declining in similar fashion by 9.4%. At that stage high-yield debt markets had completely stalled, investment funds had blocked redemptions and the VIX had reached a high not seen since October 1987.
However, rescue was […]

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