August 3, 2008

Sneak Peek at Weekend Reading

Here is sneak peek at some links from my weekly Weekend Reading column over at TheStreet.com: Questions for T. Boone Pickens (NYTimes.com) Peter Bernstein argues that saving homeowners is only path to stopping current decline  (NYTimes.com) Offshore drilling is political...

Week in Review: As Financials Go, So Go Stock Markets

As oil prices seesawed through the past week, fresh uncertainty about the outlook for the beleaguered financial sector triggered another wave of volatility in financial markets. Economic data were mixed, whereas earnings were mostly better than feared. After all the action, the S&P 500 Index closed the week virtually unchanged, posting a small gain of 0.2%. Read all about this in Prieur du Plessis's weekly review, highlighting some thought-provoking news items and quotes from market commentators during the past week.