23 « August « 2009 « Investment Postcards from Cape Town

Words from the (investment) wise for the week that was (August 17 – 23, 2009)

By Prieur du Plessis, on August 23rd, 2009 posted in: Investment, Markets, Money

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After starting the week with a broad-based sell-off, stock markets resumed their five-month uptrend as investors’ confidence in the recovery prospects of the global economy gained traction. With risky assets back in favor, a number of bourses and crude oil closed at fresh highs for the year, showing resilience in the face of a sharp correction in China. Read all about this and the implications for financial markets in the weekly “Words from the Wise” review. […]

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