The Week Ahead - 23 January 2012
Date Added: 23rd January 2012 from Rankin Treasury Advisory Ltd
“Hope and fear continue to do battle...” That was what we said on 19th December, and although those themes have not changed, hope does seem to be winning the battle at present. The credit downgrades expected did eventuate. S&P moved against 16 members of the EU, but as it was so anticipated, the impact was temporary.
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