AUGUST HUMBLINGS – THE US AND THE S&P DOWNGRADE by Jim O’Neill

What a week. August 2011 starts off confirming its reputation as a month not to plan too much relaxing vacation, as yet again panic sets into global financial markets. This day 4 years ago was when the first severe credit crisis rumblings really set in. And this weekend, it partially feels as though we are back where we were – with great uncertainties and waiting for a policy response. What makes it so tricky is that in those intervening four years, a lot of conventional policy responses have been used.

About Analysts Online

You should not treat any opinion expressed by the Contributor’s as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of their opinion. All opinions expressed by Contributor’s are solely the Contributor’s opinions and do not reflect the opinions of AnalystsOnline.com or affiliates, and may have been previously disseminated by the Contributor’s on television, radio, internet or another medium. Contributor’s opinions are based upon information they considers reliable, but neither AnalystsOnline.com nor its affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Contributor’s, AnalystsOnline.com, its affiliates and/or subsidiaries are not under any obligation to update or correct any information provided. Contributor’s statements and opinions are subject to change without notice. Past performance is not indicative of future results. Neither Contributor’s nor AnalystsOnline.com guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested. Investments or strategies mentioned may not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned. Before acting on information, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser. The content of this website is published in the United States of America and persons who access it agree to do so in accordance with applicable U.S. law.