Scott Martin: Traders who spent the morning selling the rumor that Standard & Poor’s would soon downgrade the sovereign credit of France are now buying the news, pushing the battered euro off its intraday lows. Read more…
NYSE:EWQ, NYSE:FXE
Friday saw the unthinkable happen; a downgrade of U.S. debt by Standard and Poor’s, who then went on to downgrade Fannie Mae and Freddie Mac, shattering markets in the process. But now that the decision is in, and there is no looking back, many have fought over whether or not S&P made the Read more…
NYSE:CVOL, NYSE:TVIX, NYSE:VXX, NYSE:VXZ, NYSE:XIV
Tim Seymour: While the United States was said to enjoy the best credit in the world, that was less a factor of its AAA rating and more a matter of a massive economy and unsurpassed resources. Read more…
NASDAQ:IGOV, NYSE:BUNL, NYSE:BUNT, NYSE:BWX, NYSE:BWZ
Kerri Shannon: While Standard & Poor’s mulls over a U.S. credit rating downgrade, China’s Dagong Global Credit Rating Co. wasted no time cutting its U.S. debt outlook, signaling Asia’s lack of faith in the declining U.S. dollar. Read more…
NYSE:TBT, NYSE:TLT
Larry Edelson: Despite all the grandstanding and dirty politics in Washington, any day now the United States debt ceiling of $14.294 trillion will be raised. Read more…
NYSE:GLD, NYSE:SLV, NYSE:TBT, NYSE:TLT
Jack Barnes: Someone dropped a bomb on the bond market Thursday – a $1 billion Armageddon trade betting the United States will lose its AAA credit rating. Read more…
NYSE:TBT, NYSE:TLT
“Investors looking to participate in any rebound in the U.K. economy need look no further than the iShares MSCI UK Index (NYSE: EWU), which offers investors a broad exposure to the major sectors and companies operating Read more…
ETF BASIC NEWS, NYSE:EWU
An investor buys an idea and waits for that idea to materialize. It might take minutes, hours, days, sometimes even years for that idea to materialize. The longer the time frame, the more likely the idea will materialize profitably, according to an recent article in May/June 2009 issue CFA Institute Magazine.
After it cut its outlook on the United Kingdom’s triple-A credit rating to ‘negative’ from ’stable’, last week Standard & Poor’s raised worries that the United States could lose its “AAA” rating. On May 27, Moody’s Investors Service, another ratings agency, said the U.S. government’s AAA rating is stable despite the country’s swelling debt. But it did not completely rule out a downgrade. Read more…
ETF BASIC NEWS, NYSE:DBA, NYSE:DBC, NYSE:GLD, NYSE:SLV, NYSE:USO, NYSE:VNQ
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