Words from the (investment) wise for the week that was (Oct 27 – Nov 2, 2008)

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October lived up to its reputation as being a torrid month, but the last week of the month witnessed a strong rebound in global stock markets as investors brushed aside discouraging economic reports and took heart from central banks cutting key lending rates and positive developments in the credit markets. This resulted in investors scooping up beaten-down stocks around the globe, and particularly emerging-market stocks, government bonds and currencies, mending some of the damage done earlier in October. Read all about this in my weekly review, highlighting some thought-provoking news items and quotes from market commentators during the past week. […]

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