Sunday, July 5, 2009

Roller-coaster ride into the long weekend

Investment Postcards from Cape Town: Words from the (investment) wise for the week that was (June 29 – July 5, 2009)

The holiday-shortened week in the US saw pundits pondering the depth of the economic rabbit hole as the curtain closed on the second quarter. As investors vacillated, most financial markets were characterized by a roller-coaster ride. Friday’s worse-than-expected US jobs data left no doubt that the economy was in recession. 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/2009/07/05/words-from-the-investment-wise-for-the-week-that-was-june-29-%E2%80%93-july-5-2009/

Posted by prieur du plessis @ 09:51 AM (622 views)
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One thought on “Roller-coaster ride into the long weekend

  • “Friday’s worse-than-expected US jobs data left no doubt that the economy was in recession.” and i thought there were on Thursday – sillly me!

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