The new folklore around Wall Street environs is that Smurfs are bad luck for traders and markets.

Your morning financial links, read them while there is still a stock market.

Video.

Video.

“The downgrades of Fannie Mae and Freddie Mac reflect their direct reliance on the U.S. government…”

Dow off almost 400 points, S&P down 4%….

Let’s play a little game of True or False about Wall Street A.D. (After Downgrade)

Peter Brandt sees a Bear beginning for world stock markets.