Essential Reading to Understand The Headlines

Sunday, August 7, 2011

Downgraded US Economy Puts Global Markets on Edge

S&P Cuts US Credit Rating For First Time In Modern History - WSJ.com http://on.wsj.com/ocqXhf

Why the recent S&P is a dangerous thing http://fxn.ws/nEbWSz

India says US downgrade situation "grave" - Channel NewsAsia http://bit.ly/omTGAK

China Has `Every Right' To Demand US Address Debt Problems -Xinhua - WSJ.com http://on.wsj.com/quUBaQ

US Stocks Plunge As Recession Fears Drive Worst Loss Since Financial Crisis - WSJ.com http://on.wsj.com/qrQC6k

Currency Intervention Reappears as Fed May Ease - Bloomberg http://bloom.bg/o9U3na