Bernny the clown and its game will coming out of hide for the whole week if you are short you will be screezed!
And you wonder why they keep keynote speaker at the end or afternoon? Hahahaha, how about 'so that Wall Street' can keep the market high for whole day?
In the morning, everywhere in the world, include US, are in deep shit and Bernny's game trying to cover their friends in Wall Street, so we will have big U like today for a while.
There are three rating companies, Moody, SnP, and Fitch. Last time, SnP lower US rating and Dow30 dropped 600 points in one day.
One out of three, therefore many mutual funds can still hold US Tbonds. But not two out of three, by law they can only hold AAA rating bonds. Then where interest rate will go?
There are three rating companies, Moody, SnP, and Fitch. Last time, SnP lower US rating and Dow30 dropped 600 points in one day.
One out of three, therefore many mutual funds can still hold US Tbonds. But not two out of three, by law they can only hold AAA rating bonds. Then where interest rate will go?