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Saturday, November 2, 2024

Rumors of S&P Downgrades for European Countries Weigh on Markets

Submitted by Mark Hanna

Courtesy of MarketMontage. View original post here.

Not sure why this really matters anymore as this sort of thing has been rumored for weeks.  But with the market on helium I guess something had to pop it momentarily.  Via ZeroHedge

  • Eurozone Sources Say Several Countries May Face Imminent Downgrade By S&P -Dow Jones
  • Eurozone source says Germany will not be downgraded – RTRS
  • S&P declines to comment


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Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog

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