Friday, August 5, 2011

WHY THE DOWN GRADE

Not A Great Out Look = Down Grade
  • Will Be Lucky If It Stops At AA+
  • GOVERNMENT NEEDS TO STOP SPENDING!!

Scary Chart From dshort.com

Just The Start of The Bear??
  • Fed Will Come In With QE3
    • If No QE3 Market Will Fall Hard & Fast
      • QE3 Will Buy Time, Will Not Fix Anything
  • If There Is QE3
    • Markets Will Hold Tell QE3 Is Depleted 
  • With The S&P Down Grading The U.S. To AA+
    • Can The Fed Do A QE3?
  • Hard Times Are Ahead, That Much Is For Sure