Words from the (investment) wise for the week that was (June 9 – 15, 2008)

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Central bankers’ inflation-fighting rhetoric moved to centre stage over the past week. A succession of hawkish comments from US policymakers persuaded pundits that the US rate-cutting cycle was over, resulting in a stronger US dollar, plummeting government bonds, predominantly lower global stock markets (with Asia seeing the most red), and non-agricultural commodities coming off the boil. Read all about this in my weekly review, highlighting some thought-provoking news items and quotes from market commentators during the past week. […]






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