Sunday, November 22, 2009

Risk fatigue grips financial markets

Words from the (investment) wise for the week that was (November 16 – 22, 2009)

Stock markets succumbed to a bout of profit-taking last week, sparked by concerns that the rally has overshot the pace of economic recovery. Riskier assets were showing signs of fatigue as the US dollar – the catalyst of many recent moves – stabilized and was perceived to be near its trough (if only short-term in the books of ardent dollar bears). 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: http://www.investmentpostcards.com/2009/11/22/words-from-the-investment-wise-for-the-week-that-was-november-16-%E2%80%93-22-2009/

Posted by prieur du plessis @ 08:42 AM (811 views)
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