Rating Agencies Downgrade 24 Counties

BIG BANG ECM 2015.75

The three main credit rating agencies have been downgrading government debt at an alarming rate, which confirms our computer models, albeit a tad late. The first half of 2016 has seen more sovereign downgrades since the crash of 2009. The first six months of this year saw Moody’s downgrade 24 governments, Standard & Poor’s 16 governments, and Fitch 14. This has included Saudi Arabia and Brazil.

Latest Posts

PRIVATE BLOG – Moving into May 7th

PRIVATE BLOG – Moving into May 7th Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
Read more

Market Talk – May 6, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 closed Shanghai increased 35.90 points or 1.16% to 3,140.72 Hang Seng increased 102.38 points or 0.55% [...]
Read more