441. More Europe Woes

Now it's time for Moody's to downgrade a few EU countries UK, France, Austria.  The UK has been fairly bad off for a year with France hanging onto its AAA with rhetoric and bosom buddies with Germany's Merkel. Now downgraded by Moody's are: Italy, Spain, Portugal,Slovakia, Malta, Slovenia (get out your Atlas). One has to wonder what the U.S. market would do if Europe ever turns around -- it sure is holding its own for now and seem to still point upward.