Posted by
Sherri in
CFM,
Economy,
Market on
August 8, 2011 |
No Comments
The markets today are off to a very volatile start as they are reacting to the S&P Credit Rating Agencies downgrade of US Government issued debt from AAA to AA+. Much of the trade is based on investor fear of a correction like 2000 and 2008. While we understand the concerns and understand that the economic recovery has been slow with recent economic data below expectations, we do...