Neeraj Vora's Blog
Monday, August 8, 2011
S&P downgraded US Govt Debt.
What happens as a result? Uncertainty and the stock markets tank. Where does all the money fly? In search of risk-free assets. What do they find most safe? US Govt Debt, and they shoot up. Abracadabra. World is round, theorem proved.
http://www.cnbc.com/id/44057166
No comments:
Post a Comment
Newer Post
Older Post
Home
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment