NEW YORK (CNNMoney) -- Moody's cut the credit ratings of six European countries on Monday amid continued anxiety over the continent's debt crisis and its sluggish economy.
Italy, Malta, Portugal, Slovakia, Slovenia and Spain were all downgraded, while three other countries -- Austria, France and the United Kingdom -- had the outlook on their current Aaa ratings changed to "negative."
http://money.cnn.com/2012/02/13/markets/moodys_europe_downgrade/index.htm?iid=HP_LN
This should be good for another 200 SPX points, don't worry what ILL can come from 6 years of 0% rates?
D
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