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By Marlene Y. Satter, AdvisorOne |
December 15, 2011
Fitch's downgrades came in the face of the ongoing debt crisis in Europe, as well as problems facing the banking sector.
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By Marlene Y. Satter, AdvisorOne |
September 22, 2011
More advisors may feel the necessity to seek independence, as lack of potential government bailouts led to ratings cut.
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By Marlene Y. Satter, AdvisorOne |
August 24, 2011
Rating agency cites political situation as reason; Japan now at same level as China.
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By Joyce Hanson, AdvisorOne |
August 9, 2011
The United States’ reputation for backing its debt with a “full faith and credit” guarantee was tarnished by the S&P downgrade, but a beneficiary of the negative market sentiment was the very same asset class that caused the selloff in the first place: U.S. Treasuries.