Archive for October 5th, 2008
Sunday, October 5th, 2008
Words from the (investment) wise for the week that was (Sept 29 – Oct 5, 2008)
Whew – what a wild week! Global stock markets and commodities tumbled, whereas government bonds and the US dollar surged amid mounting fears that the ongoing turmoil in financial markets was foreshadowing a hard landing for the US and Europe. Now that the bailout deed has been done, attention is shifting to whether the plan will work and break the logjam in the credit markets. 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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