Independent thinking for complex markets and current events
by Michael There is a reason why I am watching the banks so carefully. The banks are the beating heart of our economic system, and so if they get into big trouble we will all feel the pain. That is precisely what happened in 2008, and that is precisely what is happening again right now. …
NYT: Moody’s Changes U.S. Credit Outlook to ‘Negative’ Moody’s reaffirmed America’s credit rating at the highest AAA level but expressed concern about the nation’s fiscal trajectory amid congressional dysfunction. https://twitter.com/_/status/1723093232295231929 Yesterday, the US government tried to borrow $24 billion by selling a bunch of 30 year debt. It was a huge disaster. In order to …
Whenever you think these networks have more sway or influence than you think. Good to check on how many still watch. via trendingpoliticsnews: In a turn of events for the once-dominant news network, CNN has recorded its lowest ratings ever, marking a significant decline in its viewership. The decline is particularly pronounced in the advertiser-coveted …
by Dismal-Jellyfish https://www.fitchratings.com/research/banks/further-cut-to-us-bank-oper-environment-score-would-require-structural-change-17-08-2023 Fitch Ratings-New York-17 August 2023: Fitch Ratings lowered the operating environment (OE) score for U.S. banks in June to ‘aa-‘ from ‘aa’ mainly due to structural uncertainty around the path and rate of monetary tightening and gaps in in the regulatory framework. The lowering of the OE score did not negatively affect the ratings …
The bond credit ratings companies are always slow to adjust. There will be many more bank failures in the next 24-36 months. Probably every regional bank with exposure to commercial real estate should be downgraded at this point. 🔊 https://t.co/96qIsxGVGN — Wall Street Mav (@WallStreetMav) August 9, 2023 Fitch delayed the U.S. credit rating downgrade …
by Dismal-Jellyfish Source: https://www.sec.gov/news/statement/gensler-statement-credit-ratings-060723 Today, the Commission is considering adopting a set of final rules to remove references to credit ratings from Rules 101 and 102 of Regulation M (Reg M). I am pleased to support these rules because they will fulfill an important mandate issued by Congress in the wake of the 2008 financial …
(Breitbart) May was the Fox News Channel’s first full month without Tucker Carlson and it cost them 32 percent of primetime viewers. Cuck News dropped Tucker Carlson’s primetime show in late April. To keep Carlson silent, he is still technically employed by the Fox fascists, but without Tucker Carlson Tonight in its primetime lineup, the …