tag:blogger.com,1999:blog-3053246740411947115.post8303962053190816587..comments2024-01-26T11:16:52.856+00:00Comments on Political Gossip UK - Blog: Dow Jones Collapse Is Predictable and ContinuingPolitical Gossip UKhttp://www.blogger.com/profile/05893495314775241787noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3053246740411947115.post-32824372607142857122011-08-09T12:57:37.231+01:002011-08-09T12:57:37.231+01:00S&P has downgraded US debt, this has created p...S&P has downgraded US debt, this has created panic in the markets, but the question is should we take S&P seriously when these credit rating agencies have proved that their understanding about economies is indeed poor.<br /><br />Remember, it is the same S&P that gave AAA rating to mortgage backed securities in 2005-2007 and we all know what happened after that, so I guess its time to be bullish when S&P, Goldman and the likes become bearish on the world.<br /><br /> for accurate forecasting of markets please visit http://www.kalpeshmaniar.comKalpesh Maniarhttps://www.blogger.com/profile/00774277810871106754noreply@blogger.com