Moody’s: Will decide on US rating after outcome of 2013 budget negotiations

  • Rating maintained at AAA-
  • No immediate downgrade if US goes over fiscal cliff; will evaluate ability to rebound from expected downturn

Reuters headlines.

5 Comments

  1. I wonder how much leverage a Lame Duck has with the ratings agencies….

  2. Jesus, this is slow; I’ll soon fall asleep… Lucky I was fast to partially unload on that fart over the 23 fibo. I’ll soon need a broker with even higher leverage in this rhythm…

    I wonder how’s life for the usd/jpy traders(assuming there’s one, that is)…

  3. It’s rather amazing that anyone even pays any attention to the ratings agencies. Aren’t these the same outfits that rated senior tranches of sub-prime mortgage debt AAA? The US can issue debt in its own non-convertible fiat currency which it can print in unlimited supply. There is no such thing as solvency problems with sovereign debt issuers like US, UK & Japan.

  4. Eduardo!!! Miss ya man. Hope all’s well matey :)

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