Words from the (investment) wise for the week that was (March 3 – 9, 2008)

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The first week of March started off with a deepening credit crisis that appears to have pushed the US economy into recession. Richard Russell, 83-year old author of the Dow Theory Letters, remarked: “The end of a costly (for most) and difficult week. … this market has darn near worn me out, and I don’t wear out easily.” Read all about this in my regular weekly blog post, highlighting some thought-provoking news items and quotes from market commentators during the past week, and briefly reviewing the week’s market action on the basis of economic statistics and a performance chart. […]

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