The trajectory of an index is depicted on a screen. (Photographer: Peter Boer/Bloomberg)
This week was a bit more binary compared to the volatility of the previous week. Over the first couple of days, the market trudged higher to put in a new all-time high and then slid from the peak, gathering speed towards the end of the week. We finished slightly off the lows. While that rally in the second half of Friday was indeed a relief, we cannot rejoice yet thinking that the worst is over. It is only PSU bank chairmen who keep ...