Everything Is Diving After The Big Italy Downgrade

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Markets around the world are lower after S&P's downgrade of Italy.

That includes US futures (down over 0.5%), the euro, and Asia.

Here's the Nikkei, down about 1.5% right now.

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Stocks Diving AGAIN After Fed Action, Dollar On The Rampage

  x You have successfully emailed the post. Yesterday stocks got destroyed after the Fed's announcement of Operation Twist, an announcement that obviously left a lot of market participants wanting.

Well the market's falling again.

All the big US indices are down over 1.3% at the moment.

Europe's getting smashed, naturally. Italy is off about 3%.

France is off 3.7%.

The only winner? Not gold. Not Swiss Franc. The dollar.

Not helping things: A fresh batch of bad economic news in both Europe and China. See here for more details on that.

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