Standard & Poor’s August 5 downgrade of U.S. debt from AAA to AA+ precipitated one of the most volatile weeks in recent market history. Marketwatch’s Paddy Hirsch returns to his whiteboard to explain how credit rating agencies like S&P and Moody’s work, with this clever comparison:
How credit agencies work from Marketplace on Vimeo.
Source: “How credit agencies work” Marketplace Whiteboard, 8/9/11 https://vimeo.com/27460033#embed
In this remarkable Q&A with Francis Ford Coppola, the esteemed filmmaker suggests another approach to making a living in the field: We […]
Apple has a massive cash hoard. What should it do with it?
A selloff in utility stocks could be constructive for the rest of the market. Here’s why.
Stocks got off to a rough first week of the new year, with tech names leading the week’s decline. Several market observers called it the ‘reverse Goldilocks’ effect, where the market decided investors were getting a little too excited over the prospect of a Fed rate cut.
