What a difference a day makes… Only 24 hours… HA! Sad thing is that it wasn’t 24 hours; it was the span of about 5 hours that took risk out of the markets, brought back risk aversion, and at the end of the day, the dollar was mighty against the currencies, but not gold and [...] Moody’s Rates Portugal’s Bonds As Junk! originally appeared in the Daily Reckoning . The Daily Reckoning provides 400,000+ readers economic news, market analysis, and contrarian investment ideas. The Daily Reckoning features articles by Addison Wiggin author of Empire of Debt and Bill Bonner author of Financial Reckoning Day and The Idea of America .