Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $65,369
80%  
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Keyword: negativeoutlook

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  • Chinese agency cuts U.S. debt rating again

    08/02/2011 10:51:36 PM PDT · by george76 · 62 replies
    Market Watch ^ | Aug. 2, 2011 | Michael Kitchen,
    Chinese credit-rating agency Dagong Global Credit Rating Co. again downgraded U.S. sovereign debt Wednesday and warned of further downgrades, the state-run Xinhua news agency reported.... Dagong cut U.S. Treasurys to A from A+, with a negative outlook, saying growth in U.S. debt is still outpacing revenue growth. The latest move followed a Dongang downgrade of U.S. debt from AA to A+ in November, citing the launch of the Federal Reserve's second round of quantitative easing. "The agency said the approval to raise the debt ceiling indicated that there will not be any positive changes in factors that will influence the...
  • Moody's affirms AAA rating, lowers outlook

    08/02/2011 4:55:09 PM PDT · by silentknight · 41 replies
    CNN ^ | 8/2/11 | Charles Riley
    NEW YORK (CNNMoney) -- Credit rating agency Moody's said Tuesday the United States will keep its sterling AAA credit rating for the time being, but lowered its outlook on U.S. debt to "negative."
  • It's All Coming Apart

    04/19/2011 3:42:44 AM PDT · by Scanian · 53 replies
    The American Thinker ^ | April 19, 2011 | Monty Pelerin
    Despite Government propaganda and manipulated statistics to the contrary, our economy continues to deteriorate. For every "green shoot" highlighted by the Government and its lackey media, multiple contra-examples are cited by independent analysts. To continue to deny reality risks credibility. Perhaps that is why S&P, arguably a sock-puppet of Wall Street, on Monday made its announcement regarding the financial condition of the US. As reported by the Wall Street Journal: "Standard & Poor's Ratings Services Inc. cut its outlook on the U.S. to negative, increasing the likelihood of a potential downgrade from its triple-A rating, as the path from large...