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ZH Evening Wrap Up 6/13/12



Some headlines from today
- Creidt Suisse cuts 2012 China GDP to 7.7 from 8 -- cuts 2013 to 7.9 from 8.2
- Political backing, gunships, new currency... Is Russia printing new money for Syria?
- Credit Suisse CLO unit head reportedly leaving... Fresh out of new schemes ideas?
On a long enough timeline
- Oanda fx trading won't accept any activity this sunday on worries of a "major market event"
- Rosie reiterates that a weak economy & highly fragile credit system is an explosive cocktail
- Spain loses final A rating as Moody's slowly catches up with the rest of the world
- Monti declares the crisis over, credit markets disagree as spreads leak wider
If you're too lazy to read the news, you can listen to it here courtesy of the financial reality
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Wherz the Spam?
My second new favorite thing to do as Asian trade winds up and the hedge fund gets ready for European trading...