17 « January « 2010 « Investment Postcards from Cape Town

Words from the (investment) wise for the week that was (January 11–17, 2010)

By Prieur du Plessis, on January 17th, 2010 posted in: Investment

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With investors’ hopes of an economic recovery that might have gotten ahead of reality, the Dow Jones Industrial Index experienced its largest one-day drop (-0.9%) of the year in a sell-off on Friday – unnerved by China starting to rein in liquidity and cautious earnings guidance – causing the benchmark US indices to register a fourth down-week over an eight-week period. Read all about this, together with some thought-provoking news items and quotes from market commentators during the past week, in the weekly “Words from the Wise” review. […]

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