The Undollar Digest

S&P Commences the Process

Doug Noland, www.prudentbear.com, 04/22/2011
I’ll put the probability of a downgrade in the next few years at close to 100%.
The good news from Standard and Poor’s was that the company reaffirmed the United States’ “AAA” sovereign debt rating.  The bad news was that its outlook was revised to “negative.”
From Standard and Poor’s:  “We believe [...]


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