Saturday, March 24, 2007

The week in review

  • DJIA had its best week in years gaining 370.60, 3.06% to finish out the week at 12,481.01.
  • Crude spent much of the week back above $60 rising $2.70 since last Friday, 4.53% to $62.28/bbl.
Stocks had their best showing in years this week after the Fed announced (to no one's surprise) that it was leaving rates untouched. In addition they indicated that their next move would likely be to ease rates, reversing the direction of the last couple of years.

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