Stock Exchange

Wednesday, January 23, 2008

Grantham Says Shun Stocks, Shift to Cash Amid Crisis (Update2)

Grantham Says Shun Stocks, Shift to Cash Amid Crisis (Update2)
Bloomberg - Jan. 23 (Bloomberg) -- Jeremy Grantham, the money manager who oversees $157 billion as chairman of Grantham, Mayo, Van Otterloo & Co. LLC, said investors should shun stocks and hold cash during the worst financial crisis in more than 60 years. ``Don
Source: www.bloomberg.com

Stocks pull off a big turnaround
Los Angeles Times - The Dow Jones industrial average made a 600-point U-turn today, pulling up from steep losses to end the day with a triple-digit point gain, thanks in part to a rally in financial stocks. The rebound spread across the broad market as well as bears
Source: www.latimes.com

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