The second quarter of 2007 ended on a note of caution last week, as housing market concerns continued to spook investors. Ongoing fears of turmoil related to subprime mortgages and the shelving of several leveraged buyout deals hit the financial sector hard, amid speculation that borrowing costs could increase for companies.

Oppenheimer weekly market review. Written by By Dr. Jerry Webman, Senior Investment Officer, Chief Economist, OppenheimerFunds, Inc.

 

Submitted: Jul 18, 2007    Views: 159    Comments: 0    Likes: 2   


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