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Tag Archives: Moody's
Standard & Poor’s downgraded the U.S.’s AAA credit rating for the first time, slamming the nation’s political process and criticizing lawmakers for failing to cut spending enough to reduce record budget deficits. S&P lowered the U.S. one level to AA+ while … Continue reading
Just over the wire Moody’s downgrades Ireland to junk (Ba1) Same as Portugal So what does this tell us .It tells us that the markets do not believe Ireland can pay its debts at no matter how low the interest … Continue reading
Wednesday, July 06, 2011 – by Staff Report Here comes Moody’s with a blockbuster which may put China’s “White Knight” status, at least as far as Europe is concerned, in grave danger. In a report just released, the rating agency … Continue reading
With all eyes focused on Japan, it’s easy to miss significant events elsewhere. For example, the sovereign debt crisis is still unfolding in Europe, and the “agreement” in Brussels last week solved nothing even though one might not know it … Continue reading
Moody’s Very Late, But Nevertheless Quite Appropriate Greek Downgrade Inches Us Closer To the Rate Volatility Storm For the past two years, and particularly over the last couple of months, I have been harping on the coming interest rate volatility … Continue reading