Market Review and Trends
Wall Street bounces back
By Patrick See  •  July 7, 2011
What a performance from the major US indices this morning! Despite the ·         Weak global data last week ·         Major credit rating agencies indicating that a Greek rollover to be a credit default ·        Moody’s downgrading Portugal’s credit rating to junk on Tuesday. Sovereign CDS rose much higher for Portugal, Italy, Ireland, Spain and Belgium ·         China markets were dragged lower ...
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By Patrick See
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