Some stuff I am reading today morning:
UPA 2 is doomed (FirstPost)
Moody slashes Spain’s debt rating three notches (Reuters)
What happens if India is downgraded to junk (Nytimes)
India set to ban import of used plant and machinery (ET)
Indian stock market unattractive:Goldman Sachs (FE)
Stock Ideas:Debt free Companies (Dalal-Street)
Significance of 200 Day Moving average (MarketWatch)
(Hattip:DailyReckoning)
“Europe is an allegory for the ages of man. You are born Italian, relentlessly infantile and mother-obsessed. In childhood, you are English: chronically shy, tongue-tied clicky and only happy kicking balls or pulling the legs off things. Teenagers are French: pretentiously philosophical, embarrassingly vain, ridiculously romantic yet simultaneously insecure. During Middle-Age, we become either Irish and fun loving, or Swiss and serious. Old age is German: ponderous, pompous and pedantic. And finally, we regress into being Belgian, with no idea of who we are at all.”