Comment by jmward01

The US stock market is a lag indicator. It is built on perception and whim but, ultimately, is forced to deal with reality. Stories like this don't shift the market, and economies, overnight but they are showing what should be decades of economic and political shift happening relatively in just a few years. In the end this isn't just a signal that Europe has lost faith in the current administration, it is pretty clear that happened a while ago, this is a sign that Europe and others have lost faith in future US administrations. Everyone is a looser here in the long run for many reasons. We really did have it all.