Sorry to Interrupt the Schadenfreude – Europe Melts Down Into the Close
Standard & Poors is out downgrading every thing that moves in southern Europe while the Senators grill the Goldman boys.
Portugal downgraded to A-/A2, Greece is finally dropped down to junk…
And Spoiler Alert: this time, the US stock market cares, with the Dow down 100 points plus as of 11:30 am.
Here’s some color: