Standard and Poors
Standard and Poors Articles
The markets have been roiled recently by the debt ceiling debate, the potential debt downgrade of the U.S., and the likely new recession that will come from the austerity measures. For now, the...
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The president of Portugal recently said that credit ratings agencies have too much power. The agencies’ comments have thrown Europe’s financial health into question, particularly the ability of...
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Moody’s put Japan’s sovereign debt on credit watch with “review for a possible downgrade.” The agency wrote: The review has been prompted by heightened concern that faltering economic growth...
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There is a negative change in the sovereign rating of an EU nation each week it seems. Greece was downgraded again by Fitch last week, by three notches to B+. It was nothing more than an...
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The actions of Moody’s, Standard & Poor’s, and Fitch helped trigger the greatest credit crisis of all time. Each has been investigated and dragged before Congress because of AAA ratings that...
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Congress and the Administration may finally be under the outside pressure to deal with the budget deficit that has not been bought upon them by voter sentiment, economist comments, or concerns from...
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Only the most intrepid global capital markets investors would put money into Libya’s debt. Now even those buyers of sovereign paper have been forewarned. According to the S&P, “lowered its...
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Are the credit ratings agencies still viable? If you can believe it, there is a new round of warnings for credit rating downgrades in the lands of the PIIGS. As if you didn’t know that things...
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When a former adviser to President Bill Clinton was asked what he wanted to be re-incarnated as, he answered, “The bond market. Everybody’s scared of the bond market.” If he was right, then the...
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A majority of Americans expect the drop in home prices which began in 2007 and has occurred each year since then to continue in 2011. This is not surprising. S&P recently wrote that the average...
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Moody’s says that plans by Congress and the Administration to extend tax cuts may stimulate the US economy for the next year. That will be the end of the positive effects. The budget deficit and...
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S&P gave GM a corporate rating of “BB-,” which put it well into “junk” territory. However, the credit agency was optimistic about some of the No.1 American car company’s prospects. GM...
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The management and investors of Moody’s Investment Services can breathe a sigh of relief. The SEC will not pursue charges against the company for its inflation of the ratings on a number of...
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Reuters: BHP Billiton (NYSE: BHP) reported strong profits and now faces questions from its investors about Potash (NYSE: POT) Reuters: Global economic problems will shadow a big Fed meeting....
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Ireland’s stock market dropped 6% yesterday. It is any wonder? After the close of the markets in Europe and the US, Standard & Poor’s cut the Republic of Ireland’s long-term sovereign...
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