Jeff Danziger by Jeff Danziger

Jeff Danziger

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  1. Wabbit

    Wabbit said, 3 months ago

    I just head that th US has been downgraded from AA+ to AA.Not much was said about it.

  2. Dycel

    Dycel said, 3 months ago

    Funny thing happened today Italy tanked the euro.
    -
    Risk assets continued to deteriorate throughout the day due to severe weakness in the EURJPY. The S&P 500 opened up more than 7 points and continued to rally in the morning, but the sudden release of Italian exit polls caused deterioration throughout the day that ended in a brisk sell-off to close the day’s trading session. The EURJPY finished US trading at 119.30, a full 5.76 points down from its intraday high, an extreme move.

    US sector laggards included financials (-2.87%) and housing (-3.36%). In particular, money center banks struggled mightily. Goldman Sachs (GS) and Morgan Stanley (MS) both dropped over 6%.
    -
    And the rest of the worlds domino’s started falling down.
    -
    Whats next?
    http://demonocracy.info/infographics/usa/derivatives/bank_exposure.html

  3. Ottodesu

    Ottodesu said, 3 months ago

    @Wabbit

    Yes, it was, much was said about it. But you might not have heard much about it in the USA.
    Too many people are not happy to be reminded of the legacy of your previous President.

  4. Kingoswald

    Kingoswald said, 3 months ago

    The Tories learnt nothing from the disastrous financial policies of the US neocons and implemented them here with the same dire consequences. As the man said “Don’t do the same thing over and over again and expect different results”.

  5. Tue Elung-Jensen

    Tue Elung-Jensen said, 3 months ago

    @Kingoswald

    You mean practice?

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