UpInArms
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Tue Dec-07-04 03:22 PM
Response to Original message |
| 70. WSJ U.S. rating risk report adds to dollar woes |
|
http://www.reuters.com/financeNewsArticle.jhtml?type=bo... LONDON, Dec 7 (Reuters) - The notion that rating agencies may one day downgrade the U.S. government's triple-A bond rating triggered financial market discussion on Tuesday about the previously unthinkable and added more pressure to the dollar.
An article in the Wall Street Journal Europe said that analysts and investors had begun to "question the unquestionable" amid worries about budget and trade deficits and the weak dollar.
The article made no suggestion that any downgrade was actually in the works from the big three ratings agencies -- Moody's, Standard and Poor's and Fitch.
But it cited a research note by a small agency, Egan-Jones Ratings, saying the United States should have just a double-A rating, and quoted Steven Hess, Moody's senior credit officer, saying "at some date" the triple-A rating could be in jeopardy if authorities did not act to improve U.S. finances.
The mere fact that the U.S. finances have deteriorated to the point where such an issue could be floated raised eyebrows.
...more...
|
| -STOCK MARKET WATCH, Tuesday 7 December |
UpInArms |
Dec-07-04 08:28 AM |
#0 |
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daily dollar watch |
UpInArms |
Dec-07-04 08:31 AM |
#1 |
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Dollar remains just above its new record low vs euro |
UpInArms |
Dec-07-04 08:38 AM |
#3 |
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Opec sharply reduces dollar exposure |
54anickel |
Dec-07-04 08:56 AM |
#8 |
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Fed report on Dollar |
UpInArms |
Dec-07-04 11:03 AM |
#33 |
  -
Atlanta Fed: Dollar at lowest level since June 1997 |
UpInArms |
Dec-07-04 11:49 AM |
#42 |
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Dollar at another record low vs. euro - Investors are selling $$$ |
UpInArms |
Dec-07-04 11:52 AM |
#43 |
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Great history lesson article, UIA! Thanks...n/t |
54anickel |
Dec-07-04 01:47 PM |
#52 |
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Today's Reports |
UpInArms |
Dec-07-04 08:36 AM |
#2 |
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Productivity revised lower to 1.8% |
UpInArms |
Dec-07-04 09:40 AM |
#15 |
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U.S. 3rd-Qtr Productivity Rises at 1.8% Rate; Costs Rise 1.8% |
54anickel |
Dec-07-04 10:43 AM |
#30 |
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U.S. Oct. consumer credit up 4.4%, or $7.7 bln |
UpInArms |
Dec-07-04 02:18 PM |
#56 |
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Wow! I'm speechless. |
54anickel |
Dec-07-04 02:22 PM |
#59 |
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maybe everyone thinks that the falling dollar |
UpInArms |
Dec-07-04 02:25 PM |
#60 |
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Heh-heh!!! If it falls 50%, won't I only owe 1/2 of my current balance? |
54anickel |
Dec-07-04 02:33 PM |
#62 |
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9:41 EST numbers and pre-opening blather |
UpInArms |
Dec-07-04 08:45 AM |
#4 |
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Good Morning UIA. Thanks for starting up the thread this morning. I |
54anickel |
Dec-07-04 08:47 AM |
#5 |
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good morning 54anickel! |
UpInArms |
Dec-07-04 08:55 AM |
#7 |
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Up more than earnings again? I know that's how it is in my household. n/t |
54anickel |
Dec-07-04 08:58 AM |
#10 |
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Starting the "watch"... |
54anickel |
Dec-07-04 09:18 AM |
#14 |
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Food prices to rise up to 4% |
54anickel |
Dec-07-04 08:51 AM |
#6 |
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Drug prices said to rise 7% (Well, alrighty, then) |
54anickel |
Dec-07-04 10:12 AM |
#21 |
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Treasury market halts 2 days of gains |
UpInArms |
Dec-07-04 08:57 AM |
#9 |
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Europe gold treads water, eyes new dollar low |
54anickel |
Dec-07-04 09:02 AM |
#11 |
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Layoffs above 100,000 3 months in row |
UpInArms |
Dec-07-04 09:09 AM |
#12 |
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Interesting, I was on the phone this morning with the Assoc. Dean of |
54anickel |
Dec-07-04 09:44 AM |
#17 |
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JOBS-DATA DISTORTIONS FRUSTRATE EASY COMPARISONS |
54anickel |
Dec-07-04 10:15 AM |
#22 |
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glad to see someone else saying what we have known |
UpInArms |
Dec-07-04 10:26 AM |
#25 |
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It's only fraud when somebody else does it! "Ah, the Soviets would be |
54anickel |
Dec-07-04 10:36 AM |
#29 |
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here's a very interesting site |
UpInArms |
Dec-07-04 10:53 AM |
#32 |
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Thanks, though I'm not sure I'm ready to give up a week's sleep, these |
54anickel |
Dec-07-04 11:07 AM |
#34 |
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Global Rebalancing at Work (Roach) |
54anickel |
Dec-07-04 09:13 AM |
#13 |
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10:40 EST numbers and blather |
UpInArms |
Dec-07-04 09:42 AM |
#16 |
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Thanks UIA! |
JNelson6563 |
Dec-07-04 09:54 AM |
#18 |
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Good Morning Julie! |
UpInArms |
Dec-07-04 10:28 AM |
#26 |
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Oil: The Dividing Line Of The New Cold War |
54anickel |
Dec-07-04 09:57 AM |
#19 |
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Yes. What really is going on |
mmonk |
Dec-07-04 11:31 AM |
#38 |
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some narrowing of the aperture - looking at local issues |
UpInArms |
Dec-07-04 10:07 AM |
#20 |
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Dollar at a discount |
UpInArms |
Dec-07-04 10:20 AM |
#23 |
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Crude Oil Falls on Expectations U.S. Fuel Supplies May Increase |
54anickel |
Dec-07-04 10:24 AM |
#24 |
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Fed heading for a pause |
UpInArms |
Dec-07-04 10:31 AM |
#27 |
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Bwaaaahaahahaha! |
54anickel |
Dec-07-04 11:28 AM |
#36 |
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Loonie *breaks down crying* |
TrogL |
Dec-07-04 10:31 AM |
#28 |
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Hey TrogL, looks like a nice buying opportunity from where I sit...n/t |
54anickel |
Dec-07-04 01:50 PM |
#54 |
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Canadian Dollar Falls as Bank Drops Pledge to Lift Target Rate |
UpInArms |
Dec-07-04 03:05 PM |
#65 |
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Bummer... |
54anickel |
Dec-07-04 03:15 PM |
#68 |
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there they go again with that nonsense line |
UpInArms |
Dec-07-04 03:25 PM |
#71 |
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It's the Mad Hatter routine, spewing all that nonsense. Just check out |
54anickel |
Dec-07-04 03:35 PM |
#76 |
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States struggle to help poor pay winter heating bills |
54anickel |
Dec-07-04 10:47 AM |
#31 |
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Weak dollar threatens to upset equilibrium |
54anickel |
Dec-07-04 11:22 AM |
#35 |
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these freaks of nature |
UpInArms |
Dec-07-04 03:42 PM |
#78 |
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Pilots union criticizes Delta executives' stock options |
54anickel |
Dec-07-04 11:31 AM |
#37 |
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The avarice is heartbreaking |
DanaM |
Dec-07-04 12:30 PM |
#47 |
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DOLLAR DAYS (Blue light special hanging from Lady Liberty) |
54anickel |
Dec-07-04 11:37 AM |
#39 |
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Return Of The "Next Big Thing" In IPOs |
54anickel |
Dec-07-04 11:40 AM |
#40 |
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Subprime loan market grows despite troubles |
54anickel |
Dec-07-04 11:44 AM |
#41 |
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Japan threatens huge dollar sell-off |
54anickel |
Dec-07-04 12:00 PM |
#44 |
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Bush Will Never Do it. |
happyslug |
Dec-07-04 03:33 PM |
#74 |
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I'd have to disagree with one thought - I think that |
54anickel |
Dec-07-04 03:42 PM |
#79 |
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you could smack most of these bushites |
UpInArms |
Dec-07-04 03:51 PM |
#85 |
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Yep, it's time to test the party loyalty of the old conservative repubs - |
54anickel |
Dec-07-04 04:01 PM |
#87 |
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I agree, but unless something happens in the next two weeks |
happyslug |
Dec-07-04 04:10 PM |
#88 |
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The $10,000 martini |
54anickel |
Dec-07-04 12:02 PM |
#45 |
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When Complex Systems Fail (Willie) |
54anickel |
Dec-07-04 12:07 PM |
#46 |
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1:34 and OUCH! |
54anickel |
Dec-07-04 12:37 PM |
#48 |
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Brazil, Chile Currencies Fall After Central Bank Sells Reais |
54anickel |
Dec-07-04 12:43 PM |
#49 |
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Gold and currency reserves hit record high (Russia) |
54anickel |
Dec-07-04 12:47 PM |
#50 |
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2:34 and not much change |
54anickel |
Dec-07-04 01:36 PM |
#51 |
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Not drastic but certainly negative |
JNelson6563 |
Dec-07-04 01:48 PM |
#53 |
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WrapUp by Mike Hartman - SHOULD BE A DIFFICULT WEEK FOR STOCKS |
54anickel |
Dec-07-04 01:53 PM |
#55 |
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COMEX gold finishes softer, stuck in a range |
54anickel |
Dec-07-04 02:20 PM |
#57 |
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3:20 EST numbers, blather and the buck |
UpInArms |
Dec-07-04 02:22 PM |
#58 |
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From bad to worse I see |
JNelson6563 |
Dec-07-04 02:31 PM |
#61 |
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3:44 EST and getting bloodier |
UpInArms |
Dec-07-04 02:45 PM |
#63 |
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no more food export surplus - thanks to the BFEE |
UpInArms |
Dec-07-04 02:49 PM |
#64 |
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Wasn't this already reported about a month ago? I seem to remember seeing |
54anickel |
Dec-07-04 03:09 PM |
#66 |
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yeah, it probably was |
UpInArms |
Dec-07-04 03:12 PM |
#67 |
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You nasty, nasty, nasty!!! Hey, we still export damned good jobs, |
54anickel |
Dec-07-04 03:18 PM |
#69 |
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And yet commodity exports have been basically sucking of late |
hatrack |
Dec-07-04 03:29 PM |
#72 |
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WSJ U.S. rating risk report adds to dollar woes |
UpInArms |
Dec-07-04 03:22 PM |
#70 |
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This is one of those days where you just can't get the full effect of |
54anickel |
Dec-07-04 03:29 PM |
#73 |
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Foreign Exchange setting new records |
UpInArms |
Dec-07-04 03:35 PM |
#75 |
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THIS is going to get interesting...n/t |
54anickel |
Dec-07-04 03:44 PM |
#80 |
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even in devalued dollars, that's a lot of bucks |
UpInArms |
Dec-07-04 03:48 PM |
#83 |
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GACK!!! So just who are the happy "buyers" in this game anyway? |
54anickel |
Dec-07-04 03:51 PM |
#84 |
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here come some more happy jobless people |
UpInArms |
Dec-07-04 03:37 PM |
#77 |
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Now just how the hell are we supposed to "buy American" if they keep |
54anickel |
Dec-07-04 03:48 PM |
#82 |
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closing numbers and blather and the buck |
UpInArms |
Dec-07-04 03:47 PM |
#81 |
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Blood everywhere. |
JNelson6563 |
Dec-07-04 04:00 PM |
#86 |
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America’s Image as a “Rogue Nation?” (Ewwww, had to post this one!) |
54anickel |
Dec-07-04 06:46 PM |
#89 |