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 […]

Philippine Stock Summary DMN November 12 blood bank filled to the brim

PSEi 4,076.68 | down -67.73 | -1.63% Value Php 4,438,218,365.00 Dow Jones    11,283.10    -73.94    (-0.65%) S&P 500    1,213.54    -5.17    (-0.42%) Nasdaq    2,555.52    -23.26    (-0.90%) The global trend has been the same. down about 1% then recover some of these by the close, especially with Cisco’s pessimistic outlook dragging Wall Street sentiments.  This morning, it seems […]

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