Archive for October 12th, 2008

Daily Archive
Sunday, October 12th, 2008

Words from the (investment) wise for the week that was (October 6 – 12, 2008)


Confusion and fear characterized financial markets during a remarkable week, with the Vix Index (”fear gauge”) spiking above 70 for the first time. Amid the dumping of stocks on all bourses, the US dollar, Japanese yen and precious metals were the only safe havens. Read all about this in my weekly review, highlighting some thought-provoking news items and quotes from market commentators during the past week.

1 Comment » - Posted in Investment, Markets, Money by Prieur du Plessis