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The S&P Warns of a U.S. Downgrade From Political and Fiscal Risks

By CRONKITE – Sat Jun 9, 2012 10:37am – 1 Comment

There is much to do for our politicians over the next 12-18 months. S&P warns that if measures are not taken another downgrade could be on the table by 2014.

For now they maintain a negative rating for the U.S. of A.

Full article

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One Response to The S&P Warns of a U.S. Downgrade From Political and Fiscal Risks

Po Pimp says:

June 9, 2012 at 12:19 pm

Hell, why not downgrade it now? They downgrade the European trash every couple of weeks.

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Major US	US Futures	Europe	Asia	Commodities	2yr Euro Yields	10yr Euro Yields	Oil
DOW 15,335.30 -0.12% NASDAQ 3,496.43 -0.07% S&P 500 1,666.29 -0.07% VIX 13.02 4.58%	SPX 500 (CFD) 1,667.90 0.10% DOW (CFD) 15,356.00 0.13% NASDAQ 100 3,026.20 0.17% EURUSD 1.288 0.00%	UK 6,764.30 0.13% GERMANY 8,446.00 -0.12% FRANCE 4,017.80 -0.13% SPAIN 8,498.50 -0.20%	H. KONG 23,382.00 -0.47% JAPAN 15,401.00 0.13% KOREA 1,981.09 -0.07% SHANGHAI 2,305.11 0.22%	NAT GAS 4.09 -0.02% GOLD 1,390.10 0.43% SILVER 22.67 0.46% COPPER 3.36 -0.03%	FRANCE 2YR 0.19 -10.90% GERMAN 2YR -0.01 82.76% ITALIAN 2YR 2.18 27.59% SPAIN 2YR 2.81 8.21%	FRANCE 10YR 1.88 1.08% GERMAN 10YR 1.38 3.77% ITALIAN 10YR 3.90 -2.04% SPAIN 10YR 4.19 -0.33%	WTI 96.82 0.11% BRENT 104.58 -0.21% WTI/BRENT 7.76 321 CR SPR 21.96 10.04%