Tag Archives: Standard and Poor’s

Why Italy Matters

Standard and Poor’s  just announced they’ve downgraded Italy’s credit rating to A from A+, with a negative outlook.   Italy is the camel that will break Europe’s back if they can’t contain the crisis to the smaller countries of the periphery.  … Continue reading

Posted in Black Swan Watch, Bonds, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , | 5 Comments