4 ms·
I think people may be missing the bigger picture. While this may certainly be the result of a trade error (NB: This has yet to be confirmed), what we did see
by BrentRitterbeck 16y ago
I think people may be missing the bigger picture. While this may certainly be the result of a trade error (NB: This has yet to be confirmed), what we did see is a precursor to what may happen should another of the dominoes fall over in Europe. There are now rumors that Italy may be headed for a downgrade:
http://www.cnbc.com/id/36986983 http://www.cnbc.com/id/36986983
If less-than cooler heads prevail, an actual economic event could trigger the exact same response we saw today.