S&P downgrades Spain

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Old Apr 26, 2012, 5:07pm   #1
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Default 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, 5:09pm   #2
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Default Re: S&P downgrades Spain

Quote:
Originally Posted by samirs View Post
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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Thanks! The post above is recommended by: counter_violent
Old Apr 26, 2012, 5:12pm   #3
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Default 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, 5:14pm   #4
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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, 6:47pm   #5
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Default 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 26, 2012 at 7:04pm. Reason: algos
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Old Apr 26, 2012, 7:17pm   #6
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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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