European markets are mostly lower after Fitch Ratings said Portugal's recovery will be slower than other countries that use the euro, hurting Portugal's ability to repay its debt. Debt problems in Europe have been one of the few drags on stocks in recent months.
If the market falls on this news, take a guess on what would happen if the U.S. rating was cut. The probably of that event happening during the liquidity driven economic illusion phase can only be described as fat chance.
Source: finance.yahoo.com
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