Words from the Investment Wise

Prieur du Plessis

Prieur du Plessis

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).

Click here to Read Prieur du Plessis’s excellent detailed recap of the week on Wall Street.