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View Diary: Market Humiliates S&P — Rejects Downgrade (266 comments)

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  •  Missing the point, I think. (0+ / 0-)

    Treasuries going up means the cost of borrowing goes up, which means inflation is more likely, which means growth is slower, which likely means economic recovery will falter and stagnate, which is why stocks are going down.

    Make sense?

    Stop clapping. Stop screaming. Open your mind. Listen. (Oh, and I support President Obama in 2012.)

    by Benintn on Mon Aug 08, 2011 at 12:13:55 PM PDT

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