XJO 0.21% 8,027.0 s&p/asx 200

fiscal cliff monday, page-21

  1. 435 Posts.
    yep. Without the credible long-term deficit cutting plan, Rating agencies are supposed to downgrade especially from Moody's and Fitch because they have only put -ive watch on US.

    But you never kn with US govt. Rating guys may just go silent until debt ceiling crap returns in late February.

    If they really do their job, Downgrade should happen anytime this week as there is no plan for long-term deficit cutting and long-term growth in the so-called can-kicking deal.
 
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