Sunday, Mar 21, 2010
Investor sentiment climbs “wall of worry”
Investment Postcards: Words from the (investment) wise for the week that was (March 15–21, 2010)
The major stock market indices added to their gains this week – obtaining comfort from the Fed’s policy statement that the “juice” was not about to be removed anytime soon – and hit 18-month highs before closing down on Friday as “quadruple witching day” in the US weighed on sentiment. A day earlier on Thursday, the S&P 500 tracking ETF (SPY) broke a 14-day winning streak – its longest since the launch of the ETF in 1993.
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.
Posted by prieur du plessis @ 03:16 PM (263 views) Add Comment
2 Comments
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1. bluebeach said...
Pepe le Pew....aka Basil Fawlty....
How's the old Major?.... "Vermin Fawlty....sitting there on that table, eating the nuts if you please."
2. This comment has been removed as it was found to be in breach of our Blog Policies.