Posts Tagged ‘S&P’
US Sovereign Debt Downgrade
![tattered flag](https://crackerjackfinance.com/wp-content/uploads/2011/08/tattered-flag.jpg)
The downgrade of the US sovereign credit rating is sure to cause continued jitters in the financial markets on Monday morning. In actuality, there may be net-positive developments this weekend as it now appears clear that the ECB will engage in buying the debt of Italy and Spain. Drawing a “line-in-the-sand” for Italy and Spain…
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