Market Commentary: Week Ending 01-13-12
While the markets were up for the week, we saw the return of Europe in the crosshairs of the rating agencies as many countries received downgrades after the markets closed Friday. Of equally high concern is the rapidly deteriorating situation with Iran. It appears that something bad is brewing there. Consider that a second aircraft carrier has moved into the gulf region, U.S. generals are visiting Israel, sanctioning of the Iranian central bank has impacted [...]