Sunday, Jul 26, 2009
Goodbye safe havens, hello risky assets
Investment Postcards: Words from the (investment) wise for the week that was (July 20 – 26, 2009)
“Goodbye safe havens, hello risky assets” seemed to be the theme during the past week as investors placed their bets on a global economic recovery, propelling stocks and other risky assets higher amid better-than-expected earnings reports and tentative signs of stabilization in the US job and housing markets.
Global stock markets, commodities, oil, precious metals, high-yielding currencies and corporate bonds also put in a stellar performance as a bullish mood prevailed.
Read more about this, together with some thought-provoking news items and quotes from market commentators during the past week, in the weekly “Words from the Wise” review:
http://www.investmentpostcards.com/2009/07/26/words-from-the-investment-wise-for-the-week-that-was-july-20-%E2%80%93-26-2009/
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