Effects of credit rating downgrade of America to AA+

money

It finally happened.  After ratings agencies Moody’s and Fitch affirmed America’s triple A ratings but with negative outlook, China’s Dagong Agency and S&P Drops US Credit Rating to AA+ shortly thereafter.  S&P said that in addition to the downgrade, it is issuing a negative outlook, and there is a chance it will lower the rating […]

effect of Japan earthquake and nuclear meltdown on stock markets

After the 8.9 magnitude earthquake that hit Japan last Friday, investors now ask how this will affect them? and us? Taking cue from recent earthquake struck New Zealand, their ratings got downgraded, and GDP forecasts sized down by half. Credit ratings were cut citing that the country may need to borrow more to get back […]

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