XJO 0.88% 7,959.3 s&p/asx 200

s & p downgrades us debt , page-72

  1. 2,213 Posts.
    >>>Interestingly when Canada lost its AAA rating in April 1993, for instance, the country's stocks gained more than 15% in the subsequent year. The Tokyo stock market climbed more than 25% in the 12 months after Moody's downgraded Japan in November 1998<<<

    It's simple really. US treasuries will be sold-off susbtantially on Monday and the funds will move back into stocks.



 
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