There has been little significant discussion of the need for real debt restructuring, either in the U.S. or in Europe. American taxpayers may be more linked to the European financial crisis than they realize. Dylan Ratigan talks to Sean Egan of Egan-Jones Ratings Company for insight into the U.S.’s risk profile in the global financial market.
RFD #65: Sean Egan by Dylan Ratigan
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Cory’s Chart Corner
Load MoreMany will focus the blame of market drawdowns on the tariffs and ignore the fact the SP500 (only a few weeks ago) was trading at 4 std devs above its historical mean…valuation also matters.
BREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
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Here Comes 2008 Again
http://market-ticker.org/akcs-www?post=190943
Guest Post: This Country Defaulted Long Ago
http://www.zerohedge.com/news/guest-post-country-defaulted-long-ago
I would advise everyone just to ignore the debt ceiling. It’s market noise of the worst kind made worse by the least productive people in society, politicians.
Donald Trump says he may run for office again and weighs in on debt crisis want to set up tariffs with china because they are stealing our jobs
http://www.cnbc.com/id/43946568