Friday, May 28, 2010

Spain Losses AAA Rating

Spain etf losses 2% in minutes on Fitch downgrade causing Spain to lose AAA rating.

U.S. markets tank on the news.

All eyes on Spain. This sets up very bearishly the rest of the day and going into the weekend.

And I thought it was going to be a slow day.

1 comment:

Anonymous said...

Believe this area is in fact the right location to post this... I simply just wanted to just let any of us using the forum who resides in Australia know about a good top of the range audio visual equipment on-line store entitled Ordio. I discovered them actually by accident when I was shopping around for [url=http://www.ordio.com.au]Tvs[/url] and it just so happened that these people had the most competitive prices available. Not only that but they are extremely helpful and even followed up on my investment to make certain I was still happy. They buy out large inventories of electronics so that they can realistically break the price down. Definitely stop by their site if you're scouting for some home electronics.

Rosemarie