Monthly Archives: August 2010

Reality hits home

The Dow Jones Industrial Average (Dow) declined 1.39% to 10,009 points overnight on concerns of the US economy. The second quarter 2010 economic growth for US slowed to 1.6% on an annual basis. This compared unfavourably with first quarter 2010 … Continue reading

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Equity investors are wary

US investors pulled back US$33.12 billion from US stock market mutual funds in the first seven months of 2010. In comparison, US$185.31 billion was placed into bond mutual funds. (The New York Times on-line, 22 August)   This demonstrates the … Continue reading

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