Sunday, Feb 28, 2010
Markets unsettled amid Greek saga
Investment Postcards: Words from the (investment) wise for the week that was (February 22–28, 2010)
As investors vacillated about the impact of developments in Greece, together with the uncertainty of strong fourth-quarter economic data possibly not carrying over to the first quarter, stock markets experienced two sharp sell-offs and two rebound rallies, limping to small gains on Friday but ending the week modestly down. Renewed fears over Greece’s debt woes and disappointing economic statistics tempered investor optimism for risky assts, triggering haven demand for government bonds and the Japanese yen.
Read all 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.
Posted by prieur du plessis @ 08:00 AM (171 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.