Words from the (investment) wise for the week that was (May 11 – 17, 2009)

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A long-awaited reversal in the monumental global stock market rally since early March finally arrived last week. “Less bad” economic reports provided investors with little comfort, sparking a reassessment of their risk appetite and leading to profit-taking on most bourses. On the other hand, safe-haven assets attracted buying. Read all about this and the implications for financial markets in the weekly “Words from the Wise” review. […]

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