S&P downgrades Spain

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Old Apr 26, 2012, 10:07pm   #1
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S&P downgrades Spain
S&P Cuts Spain to BBB+, Outlook Negative Spain Cuts Spain to BBB+, Outlook Negative | ZeroHedge
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Old Apr 26, 2012, 10:09pm   #2
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Re: S&P downgrades Spain
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S&P Cuts Spain to BBB+, Outlook Negative Spain Cuts Spain to BBB+, Outlook Negative | ZeroHedge
Still generous if you ask me.
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Old Apr 26, 2012, 10:12pm   #3
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Re: S&P downgrades Spain
samirs started this thread the only agency working overtime and overnight downgrades Spain, day after downgrading India . Soon the world will be on its junk list
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Old Apr 26, 2012, 10:14pm   #4
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Re: S&P downgrades Spain
samirs started this thread euro dropping like a stone....will be an interesting 24 hours with BoJ easing expected next and tomorrow filled with a lot of key data...

meanwhile enjoy the shorts ride
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Old Apr 26, 2012, 11:47pm   #5
 
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Re: S&P downgrades Spain
And this sh*t moves the markets. God help us.

Ah news driven algos, I get it.
Last edited by rsh01; Apr 27, 2012 at 12:04am. Reason: algos
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Old Apr 27, 2012, 12:17am   #6
 
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Re: S&P downgrades Spain
Not sure which rigged markets I prefer:

Yesteryears: markets shift; then (cld be hours later) supporting news is released
Todays: news is released; then markets shift.....despite being v old news

Both hideously inefficient, the latter being more corrupt imo.
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