Cheat Sheet
The Best In Brief
Wall Street Steady
Is this the end of the current wave of turbulence? Two weeks of a crazy rollercoaster ride and we have come to rest with the Dow down 127 points on the day but 4.8 percent up on the week, the best gain since March 2003. The market reflects the many competing views of the bailout plan and whether Paulson and Bernanke have done enough. Brian Gendreau, an investment strategist at ING Investment Management spots four different investing types: "The bailers, who want out no matter what; the rearview-mirror people; the stay-the-course investors; and the opportunists. Add all these people up and you get the swings in the market." Everyone hopes next week will see some calmer markets. In the meantime, enjoy the rare calm of the weekend.
Partner Sites: Expedia| Hotels| Hotwire| Urbanspoon| Vimeo
Thank you.
As a first time user, your comment has been submitted for review. It can take anywhere from a few hours to a day or two for your comment to be reviewed, depending on the time of week and the volume of comments we receive.
Please log in to leave comments.