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S&P Cuts US Credit Rating to AA+
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<blockquote data-quote="klein" data-source="post: 864841" data-attributes="member: 23950"><p>Well, the Monday nightmare verdict is out, and I don't think anyone would have expected the outcome :</p><p></p><p>The Markets have lost near everything they have gained in the past 2 years !</p><p>Dow back into the 10.000 number, losing over 634 points down 5.55 %, Nasdaq even worse off, and back into the 2300's losing over 174 points, down 6.9 %.</p><p>UPS stock did not much better, losing over 5% and just over $62 a share now.</p><p></p><p>If something doesn't happen soon, this is a double dip recession , again, Made in USA !</p><p></p><p>This sucks for everyone !</p></blockquote><p></p>
[QUOTE="klein, post: 864841, member: 23950"] Well, the Monday nightmare verdict is out, and I don't think anyone would have expected the outcome : The Markets have lost near everything they have gained in the past 2 years ! Dow back into the 10.000 number, losing over 634 points down 5.55 %, Nasdaq even worse off, and back into the 2300's losing over 174 points, down 6.9 %. UPS stock did not much better, losing over 5% and just over $62 a share now. If something doesn't happen soon, this is a double dip recession , again, Made in USA ! This sucks for everyone ! [/QUOTE]
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