Sunday, Sep 27, 2009
Risky assets stumble
Investment Postcards: Investment Postcards from Cape Town: Words from the (investment) wise for the week that was (September 21 – 27, 2009)
After hitting its best levels of the year on Wednesday ahead of the Federal Open Market Committee’s (FOMC) communiqué, the S&P 500 Index ran into heavy weather on the realization that the Fed could start scaling back on emergency support of the economy. US equities dropped further later in the week on renewed concerns about the state of the troubled housing market and weaker-than-expected durable goods orders.
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/2009/09/27/words-from-the-investment-wise-for-the-week-that-was-september-21-%E2%80%93-27-2009/
Posted by prieur du plessis @ 09:50 AM (181 views) Add Comment
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