Sunday, Jul 12, 2009
Fresh wave of risk aversion in financial markets
Investment Postcards: Words from the (investment) wise for the week that was (July 6 – 12, 2009)
The past week has been characterized by a fresh wave of risk aversion, as uncertainty over the global economic outlook took its toll on stock markets, commodities and precious metals, and investors favored safe-haven assets such as government bonds and the Japanese yen.
The S&P 500 Index, Dow Jones Industrial Index and the Reuters/Jeffries CRB Index – all now in corrective mode – closed down for a fourth consecutive week, while US Treasuries recorded gains for a fifth straight week and the Japanese yen for four out of the past five weeks.
Read more about this and the implications for financial markets in the weekly “Words from the Wise” review:
http://www.investmentpostcards.com/2009/07/12/words-from-the-investment-wise-for-the-week-that-was-july-6-%E2%80%93-12-2009/
4 Comments
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1. little professor said...
Please stop posting this garbage. Your 'postcards' are endless unreadable screeds of waffle.
2. debtfree said...
have to agree with LP, it's very boring indeed, after a few lines and your in the land of ZZzzz's
3. bluebeach said...
Ah... people who actually agree with me... INBREDA won't be pleased with you two, he gave me a right battering the last time I had a go at Basil Fawlty for posting his own boring site web page.... Manuel is gonna be in for a right kicking now !!!!!
I don't actually mind interesting economic links to HPC but why does Basil need to peddle his own site to us every other day....
4. bluebeach said...
Sorry INBREDA at 3.... it was bellwether who gave me a right going over for having a bat at Pepe Le Pew (aka Basil Fawlty)....