Two Blokes

LoPresti: Moody's Downgrade "Timing is Suspect"

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    Posted by Two Blokes May 19 - Filed in General - #TwoBlokesTrading  - 7 views
    Marc LoPresti does not lay the blame of the "massive, massive debt problem" in this country on any one administration, but does believe the timing of Moody's credit rating downgrade is "suspect." Marc believes Moody's is a lagging indicator, trailing other agencies like Fitch Group and the S&P Global Ratings.