March 17th CEOcast Weekly Newsletter
It was a volatile week of trading, with the stock market down 1.6% at its low and up 3.1% at its high. The main driver was credit and liquidity issues. In the end, the Dow Jones Industrial Average posted a loss of 57 points, adding to its year to date loss, which is now 9.9%. The Nasdaq was unchanged for the week, which stopped the bleeding of consecutive weekly losses. It is still down 16.6% year-to-date. The S&P 500 posted a slight loss of 5 points, bringing its year to date loss to 12.3%. The Russell 2000 slipped 3 points…