S&P downgrades Spain

the only agency working overtime and overnight downgrades Spain, day after downgrading India . Soon the world will be on its junk list
 
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
 
And this sh*t moves the markets. God help us.

Ah news driven algos, I get it.
 
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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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