Fed QE3 Helps Extend September 2012 Rally, 7 Things To Look For Next: Ben Bernanke last week announced a new QE3 program which helped keep the September 2012 rally alive. Short sellers are jumping right back to their traditional talking…
Egan-Jones Cuts U.S. Credit Rating From “AA” to “AA-,” Is Moody’s Next? Egan-Jones has downgraded America. The ratings firm lowered the credit rating on the U.S. government to “AA-” from “AA,” and stated quantitative easing from the U.S. central bank would…
Moody’s Downgrades U.S. Banks After Goldman’s Scurrilous “Short The S&P 500″ Call: Should a major investment bank make a “short” call? Moody’s finally downgraded several large U.S. large banks. The move was largely anticipated and comes one day after the…
