Investment Matters

The markets

Markets 25 9 15

The local market had another roller coaster week, finishing more than 2% lower and erasing most of last week’s gains.  Mining and energy stocks were again hit hard with commodity prices sharply lower amid concerns over a weakening Chinese economy.

The US market was also significantly lower, down nearly 3% for the week, as the fallout continues from last week’s decision by the Federal Reserve not to raise interest rates due to global economic concerns.