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To: tobyhill
U.S. Treasury debt is as safe as it was before a Standard & Poor's rating downgrade

At 4PM Friday (before the downgrade) the US Treasury debt was as safe as it was at 9PM Friday (after the downgrade). Technically Tim is correct. Nothing happened during that 5 hour window.

Let's see what Tim has to say Monday morning at 11AM after the markets speak their mind.

5 posted on 08/07/2011 5:21:40 PM PDT by mlocher (Is it time to cash in before I am taxed out?)
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To: mlocher

That downgrade was the ultimate Friday Night News Dump.


12 posted on 08/07/2011 5:28:55 PM PDT by tobyhill (Real Spending Cuts Don't Require Increasing The Debt)
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