End of year 2018 SLUMP DUMP TRUMP. Slump in oil price. DUMP in stock markets – London FTSE, New York S&P, Europe Stoxx. Then there’s TRUMP. The only way from here is up! Best wishes to all our readers for good health, enough wealth & lots of happy times in 2019 Guessed the Word? …
Tag: S&P
Junk rating Financial crisis couldn’t have occurred without the rating agencies. 89% of Moody’s 2007 investment-grade securities later classed as junk. Yet S&P, Moody’s and Fitch still control 96% of global market, and make debt-issuer pay for their ratings. Guessed the Word? Series 11 (1/4) [photo: Alexas_Fotos]