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HomeFurther Thoughts on S&P’s Downgrade of USA
Posted by Larry Doyle on August 8th, 2011 7:44 AM |
The sun did come up here on the east coast this morning. That is a very good thing. Life does go on.
Our fiscal life goes on as well. In many respects it is little changed but in others it is very much changed and will not soon be restored. As the emotions of many inside and outside of the markets are frayed as a result of S&P’s downgrade of the USA, let us keep our heads and maintain our ‘sense on cents‘ approach.
On that note, what are three questions I see many asking and how would I respond to them? (more…)
