Bangalore was fantastically refreshing, with mentionably better weather. Much has happened in the last few days, so I’ll use this post to link-comment.
Europe was downgraded (WSJ) by S&P – France is no longer AAA, and Italy is BBB-, just above junk. Portugal is junk. Step back and think about this a bit: The US is no longer AAA, and their stock market, their bonds and their currency […]