After Friday's close, Moody's downgraded Belgium two notches, citing uncertainties about funding, economic growth and the nation's balance sheet.
WSJ: Europe Clouds U.S. Stocks
2.
Penned in by economic hardship, two costly wars and unfunded liabilities that threaten to overwhelm the nation's already drowned balance sheet, the toughest thing he'll have to combat are the high expectations surrounding his campaign promises.