MojoMan Posted July 29, 2011 Share Posted July 29, 2011 http://money.cnn.com/2011/07/29/news/inter...ating/index.htm I dunno...I'm just a dumbass scientist. Financial types? Quote Link to comment Share on other sites More sharing options...
Yukon Cornelius Posted July 29, 2011 Share Posted July 29, 2011 no but i think puddy does! Quote Link to comment Share on other sites More sharing options...
Big John Posted July 31, 2011 Share Posted July 31, 2011 no but i think puddy does! Yes, and is an account. Quote Link to comment Share on other sites More sharing options...
DMD Posted July 31, 2011 Share Posted July 31, 2011 I've been a member of AAA for 30 years. Quote Link to comment Share on other sites More sharing options...
muck Posted July 31, 2011 Share Posted July 31, 2011 While the CDS market say risk is up, yields are down over the last couple of weeks. As always, investors will price and trade the bonds, not Moody's or S&P. Quote Link to comment Share on other sites More sharing options...
MikesVikes Posted July 31, 2011 Share Posted July 31, 2011 Michelle Bachmann doesn't believe those financial things so it will be ok. Quote Link to comment Share on other sites More sharing options...
tazinib1 Posted July 31, 2011 Share Posted July 31, 2011 Who knew the Isle of Man had such good credit Quote Link to comment Share on other sites More sharing options...
Ditkaless Wonders Posted July 31, 2011 Share Posted July 31, 2011 Who knew the Isle of Man had such good credit They must use creditreport.com to stay on top of things. Quote Link to comment Share on other sites More sharing options...
Ditkaless Wonders Posted July 31, 2011 Share Posted July 31, 2011 The isle of Man pays their bills on time apparently. I notice the Isla de la mujeres is not on the list. Looks like the ladies are not quite so promt with payment as are the fellows. Quote Link to comment Share on other sites More sharing options...
Puddy Posted July 31, 2011 Share Posted July 31, 2011 I was afraid to open this thread. Quote Link to comment Share on other sites More sharing options...
muck Posted August 1, 2011 Share Posted August 1, 2011 If the USA gets downgraded, our sovereign debt will have the lowest yield of all AA credits in the world, and probably lower yields than almost all (if not all) AAA sovereign credits. The rating agencies follow yields. Investors set the curve and agencies follow. Quote Link to comment Share on other sites More sharing options...
muck Posted August 1, 2011 Share Posted August 1, 2011 This article is a good read for anyone expecting a global panic if we don't see the debt limit increased. The last paragraph reads: “The U.S., downgrade or no downgrade, is still going to be the benchmark,” said Rick Rieder, the chief investment officer at New York-based BlackRock Inc., who manages $612.5 billion in fundamental fixed-income portfolios. “Even with a downgrade, I think the market would assume the safest asset you could buy in a portfolio was still Treasuries.” Quote Link to comment Share on other sites More sharing options...
Big John Posted August 6, 2011 Share Posted August 6, 2011 S&P downgrades US credit reting from AAA to AA+ Quote Link to comment Share on other sites More sharing options...
MojoMan Posted August 6, 2011 Author Share Posted August 6, 2011 S&P downgrades US credit reting from AAA to AA+ May history condemn the 112th US Congress as the worst evah! Quote Link to comment Share on other sites More sharing options...
Atlanta Cracker Posted August 6, 2011 Share Posted August 6, 2011 I have no problem with the downgrade. Sounds like it was a bit political but if it spurs some action by Congress to really address some issues it could be a good thing. I do have a hard time thinking France is a safer bet and deserves a AAA rating while we don't though!! In addition, I think we saw how good the rating agencies were in 2008. Heck you could even say that they are partially responsible for the current balance sheet due to the fallout of them rating crap AAA. Quote Link to comment Share on other sites More sharing options...
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