14 « March « 2010 « Investment Postcards from Cape Town

Words from the (investment) wise for the week that was (March 8–14, 2010)

By Prieur du Plessis, on March 14th, 2010 posted in: Economy, Investment

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Shrugging off some lingering reminders of the credit crisis and recession, investors last week marked the one-year anniversary of the bear market low by pushing many benchmark equity indices to cycle highs. Wall Street scaled 17-month highs on the back of easing concerns of sovereign debt defaults and increased hopes for a global economic recovery as the US dollar pulled back and the CBOE Volatility (VIX) Index approached 22-month lows. […]

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