Why is this post dead?? Mko wapi those who were betting against the US??? CDE jitokeze, the Bia was downgraded but still came out roaring, lesson never ever underestimate the US. A country where someone can be unemployed and be paid 3/4 of their salary for 2 years, and you bet against that? A country where most of the citizens dont care about the rest of the world, they think they are the world, therefore moving out of the US is not an option, tell someone in Tennessee ati the US has been downgraded, they care less. How does this translate, it means with or without downgrade, they will still eat McDonald's, still shop at Walmart, still go to Disneyland for vacation in other words if you own these stocks you have hit the lotto. At the height of the crash in 08, the malls were full, as in they just dont care, life goes on. By the way CDE, I'm Kenyan through and through, my interests in the Us are strictly biashara. When China will give its citizens the perks that Americans have, I will travel there, until there i'm with the yankees.
To the guy who asked about Libor, those are archaic terms from old England that no one changed, Libor just means the rate at which banks lend to each other. And once again I was right, Bernanke did not raise rates, infact I would expect him at the next hearing to lower them even more.
Happy investing, fools got slaughtered yesterday, those who sold. Lets see what tomorrow brings.

@nabwire... I knew I had it coming. Hahaha...thanx for the briefing on mainstreet. Congrats that the Fed held down the rates for a reason that the US is using less resources hence low inflation. If u have all those benefits i.e a 2yr jobless pay..then why is ur economy using less oil and resources, flat to zero GDP. I don't get it.

Seems the grizzly has retreated, for the time being at least.

I think we should expect smart money FDI and equity investments coming into SSA.

@Nabwire...GDP=Gross Domestic Product...yaani the value/amount the economy is creating/generating in a year. So if the US is at flat to zero GDP growth...u can easily figure the rest for urself . #Looking for an American job? Find it abroad (Asia, Mexico and now Sub-Saharan Africa) LMAO!!