Ratings Downgrade For Spain –

A downgrade of Spain by Fitch sent the markets lower before the holiday weekend.  Concerns over the spread of the European debt crisis have continued and the prospects of lower global demand also contributed to market problems.  The government of Spain has passed a number of austerity measures but that still did not prevent the downgrade by Fitch.

To read a CBS Marketwatch article, please click here:


Jim Sutliff

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