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A US Downgrade Won’t Move Interest Rates Because ‘An Elephant Cannot Leave A Pool Without Lowering The Water’
Brad Hintz, a bank analyst at Sanford Bernstein & Co., is almost certain that U.S. Treasuries will get downgraded. “It is hard to avoid the conclusion that the US Treasury’s rating eventually fall – if not now...
- Posted 127 days ago
Here’s Why Everyone Is Freaking Out About Morgan Stanley’s Downgrade More Than Any Other Bank’s
Moody’s will downgrade 17 banks today, so everyone’s freaking out as expected. That said: You may have noticed that a special kind of freak out has been reserved for Morgan Stanley. Why? You already know that not...
- Posted 336 days ago