Italy Downgraded by Standard & Poor’s
While the media has focused the world’s attention on the economic collapse of Greece, Standard & Poor’s has downgraded Italy’s credit rating. If Italy falls, the exposure to France’s banking...
View ArticleU.S. Stock Futures Extend Losses After Italy Cut
S&P Downgrades Italy; Euro, Futures Tumble The negative outlook reflects Standard & Poor’s view of risks to the Italian government’s fiscal targets over 2011-2014, as well as the uncertainties...
View ArticleFrance Downgraded by Egan Jones
The French credit downgrade has been postponed almost as long as the United States’ downgrade has been postponed. Expect to see S&P’s downgrade of France next. Moody’s seems to be playing politics...
View ArticleThis Won’t Be Pretty on Monday Morning
Will this be the last straw to decouple gold from the stock market? Unless some very strong measures are finalized over the weekend, next week’s financial markets may become a bloodbath. David...
View ArticleEgan Jones Downgrades Germany From AA To AA-
Sean Egan strikes again, this time downgrading Germany from AA to AA-. Germany maintains its position as the European Union’s top economy. However, Germany has been shouldering the burdens of other...
View ArticleThe Consequences of Growth Over Austerity
Obama’s plan for an economic recovery in Europe is simple: abandon austerity measures and concentrate on growth. The real message is “everything will be fine after the next election: just kick the...
View ArticleMoody’s Downgrades Six German Bank Groups, And Their Subsidiaries, By Up To...
From Zerohedge.com: First Moody’s cut the most prominent Austrian banks, and now it is Germany’s turn. The full downgrade Matrix: Frankfurt am Main, June 06, 2012 — Moody’s Investors Service has today...
View ArticleMoody’s Downgrades 12 Spanish Sub-Sovereigns, 2 Gov-Related Entities
Moody’s Investors Service downgraded 12 Spanish sub-sovereign ratings and two Spanish government-related entities to reflect its recent downgrade of the country’s sovereign debt rating. Eight regional...
View ArticleS&P Downgrades Berkshire From AA+ To AA, Outlook Negative
Obviously with Buffett a major shareholder of Moody’s, the only place where a downgrade of Berkshire could come from was S&P. Moments ago, the rating agency that dared to downgrade the US for which...
View ArticleGold Celebrates America’s Three Month Can Kicking, Soars
Remember that persistent seller of epic amount of gold futures contracts, whose dumps have resulted in two NYMEX shutdowns in the past month alone, and whose daily tape bombing is now watched...
View ArticleItaly Downgraded by Standard & Poor’s
While the media has focused the world’s attention on the economic collapse of Greece, Standard & Poor’s has downgraded Italy’s credit rating. If Italy falls, the exposure to France’s banking...
View ArticleU.S. Stock Futures Extend Losses After Italy Cut
S&P Downgrades Italy; Euro, Futures Tumble The negative outlook reflects Standard & Poor’s view of risks to the Italian government’s fiscal targets over 2011-2014, as well as the uncertainties...
View ArticleFrance Downgraded by Egan Jones
The French credit downgrade has been postponed almost as long as the United States’ downgrade has been postponed. Expect to see S&P’s downgrade of France next. Moody’s seems to be playing politics...
View ArticleThis Won’t Be Pretty on Monday Morning
Will this be the last straw to decouple gold from the stock market? Unless some very strong measures are finalized over the weekend, next week’s financial markets may become a bloodbath. David...
View ArticleEgan Jones Downgrades Germany From AA To AA-
Sean Egan strikes again, this time downgrading Germany from AA to AA-. Germany maintains its position as the European Union’s top economy. However, Germany has been shouldering the burdens of other...
View ArticleThe Consequences of Growth Over Austerity
Obama’s plan for an economic recovery in Europe is simple: abandon austerity measures and concentrate on growth. The real message is “everything will be fine after the next election: just kick the...
View ArticleMoody’s Downgrades Six German Bank Groups, And Their Subsidiaries, By Up To...
From Zerohedge.com: First Moody’s cut the most prominent Austrian banks, and now it is Germany’s turn. The full downgrade Matrix: Frankfurt am Main, June 06, 2012 — Moody’s Investors Service has today...
View ArticleMoody’s Downgrades 12 Spanish Sub-Sovereigns, 2 Gov-Related Entities
Moody’s Investors Service downgraded 12 Spanish sub-sovereign ratings and two Spanish government-related entities to reflect its recent downgrade of the country’s sovereign debt rating. Eight regional...
View ArticleS&P Downgrades Berkshire From AA+ To AA, Outlook Negative
Obviously with Buffett a major shareholder of Moody’s, the only place where a downgrade of Berkshire could come from was S&P. Moments ago, the rating agency that dared to downgrade the US for which...
View ArticleGold Celebrates America’s Three Month Can Kicking, Soars
Remember that persistent seller of epic amount of gold futures contracts, whose dumps have resulted in two NYMEX shutdowns in the past month alone, and whose daily tape bombing is now watched...
View Article