Words from the (investment) wise for the week that was (July 28 – August 3, 2008)

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As oil prices seesawed through the past week, fresh uncertainty about the outlook for the beleaguered financial sector triggered another wave of volatility in financial markets. Economic data were mixed, whereas earnings were mostly better than feared. After all the action, the S&P 500 Index closed the week virtually unchanged, posting a small gain of 0.2%. 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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