Weekly Mkt Wrapup
Market Statistics for the Week Ending 01/04/08:
- Worldwide equity markets had one of their first weeks of the year ever as it is
becoming clearer that the U.S. economy is slipping closer to recession.
- Commodities rose as oil prices touched $100 and gold reached its all-time high
(above the $850 per ounce price level reached in 1980).
- Bonds continued their year-long rally as investors continued their flight to safety.