We are starting today an investing blog analyzing the recent European crisis – namely the sovereign debt crisis of the PIGS, as well as their consequences for the investors. Today, after many threats from Moody’s, United Kingdom and Germany got a relief from the eternal ratings competitor, Standard & Poor’s. Namely, the triple A ratings of UK and Germany have […]
After 10 days of almost consecutive gains, US stock exchages indexes started to point mildly down. S&P went down TO 1,406, only 10% below the 1,550 plus record from 2007. All the analists say this id due to a weaker demand of raw materials from China, which in turn is slowing down…in exports.