Gold Stocks Today » credit ratings

How “Adjusting for Slippage” Adds to Sovereign Debt Woes

Eric Fry — Tue, 17 Jan 2012 17:04:47 +0000

Sacré bleu!… Last Friday, the French gained yet one more reason to grumble — over their midday galettes and Gauloises — about those annoying Americans. Standard & Poor’s, the American ratings agency, downgraded the French government’s credit rating from AAA to AA+. “AA+ is also not a bad rating,” reassured German Chancellor Angela Merkel. The [...]

How “Adjusting for Slippage” Adds to Sovereign Debt Woes originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

European Downgrades: Will There Really Be a Fallout?

Bill Bonner — Mon, 16 Jan 2012 18:08:50 +0000

On Friday, after the close of business in the stock market, S&P downgraded 9 European countries. Spain and Italy were both taken down another notch, leaving Italy with a BBB+ rating and Spain with an A. But the headline damage was done to France, whose triple-A rating got downgraded to AA+. France had been rated [...]

European Downgrades: Will There Really Be a Fallout? originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

AAA Ratings: A Grim Fairy Tale

Addison Wiggin — Mon, 30 Aug 2010 19:00:11 +0000

How the ratings agencies have managed to emerge from the credit crisis unscathed and unregulated is a mystery…and a sham. “Nothing is ever clear or certain in public,�? we wrote in The New Empire of Debt. “Every error is someone else's fault. That is why so many men prefer it. The public world is so [...]

AAA Ratings: A Grim Fairy Tale originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."

China’s Dagong Credit Rating Agency Steamed Over NRSRO Delay

Rocky Vega — Wed, 11 Aug 2010 13:11:44 +0000

What you already know about China-based Dagong Credit Rating is that it's caused quite the kerfuffle over sovereign debt ratings by ranking China higher than the US and other developed countries, like the UK and Japan, based on a formula assigning more weight to the fiscal health and GDP growth of countries. What you may [...]

China’s Dagong Credit Rating Agency Steamed Over NRSRO Delay originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."

Ian Mathias — Sat, 19 Jun 2010 16:00:20 +0000

When it comes to the post-crisis world of American finance, there's one thing we can all agree on: Something's got to give when it comes to ratings agencies. Over the past decade, we've all witnessed the “big three's�? role in the credit crisis. S&P, Moody's and Fitch gave their famous AAA ratings to an array of troubled [...]

Rating Agency “Reform” Cut to “Study” originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."

The High-End Market Moves Down

Eric Fry — Tue, 02 Mar 2010 22:00:49 +0000

The non-recovery seems to be gathering momentum. Almost every day we receive fresh evidence of economic non-growth and non-vitality. It�s true; the economy does manage to get out of bed every morning. Some folks applaud this fact and declare, �Aha! A recovery!� Other folks, like your California editor, observe that the economy usually crawls right back [...]

The High-End Market Moves Down originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."