Fitch Warns USA"s AAA-Rating At "Risk Of Near-Term Negative Action"
Fitch Warns USA's AAA-Rating At "Risk Of Near-Term Negative Action" In what some may call the 'worst' affirmation of a 'AAA' rating, Fitch has published a somewhat damning set of reaso.....»»
Biden"s Treasury pick Janet Yellen urges Congress that now is the time to "act big" on a stimulus package - and warns of a more painful recession without it
"Without further action, we risk a longer, more painful recession now - and long-term scarring of the economy later," Yellen will tel.....»»
Fitch affirms "AAA" rating on U.S., says risks of negative action has risen
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Fitch downgrades outlook for St. Louis in latest negative rating action
Fitch Ratings on Thursday revised its outlook on the city of St. Louis' issuer rating from stable to negative, citing narrow reserves and operating deficits. Fitch reaffirmed the city's issuer default rating at A- and its lease revenue bonds issued .....»»
Fitch revises outlook for Italy to "negative," citing "new and untested" government
Fitch Ratings late Friday revised its outlook on Italy's long-term foreign-currency issuer default rating, or IDR, to negative from stable, citing concerns about the country's fiscal outlook under a new government that too.....»»
Stocks sink as Fed"s Powell warns of patience if inflation returns
U.S. equity markets slid back into negative territory Thursday afternoon following a speech from Federal Reserve Chairman Jerome Powell that said the central bank would be patient in taking action should inflation return......»»
The Tell: Rise in short-term Treasury rates may come in ‘direct conflict’ with easy Fed policy, warns broker dealer
Rapidly evolving action in the U.S. government debt market now suggests that traders are taking on the central bank on its own turf -- shorter-term Treasury yields......»»
In One Chart: Stimulus that saved markets from collapse in 2020 now may be a key risk, warns Putnam Investments
"Nobody rings a bell at the top," says Putnam Investments in a first-quarter outlook about lofty stock levels and the glut of negative yielding global debt......»»
Fitch downgrades General Motors rating to one notch above junk
Fitch Ratings downgraded General Motors Co.'s long-term issuer defaul.....»»
Starbucks credit downgraded to 2 notches above "junk" at Fitch, outlook is negative
Starbucks Corp.'s credit rating was downgraded to BBB from BBB+ at Fitch Ratings, citing the coffee seller's high debt leverage amid a "significant business interruption" from the coronavirus .....»»
White House official warns of negative shocks before rebound later in 2020
Top Trump adminstration officials on Tuesday predicted a strong economic rebound in the fourth quarter as the coronavirus fades, but a senior White House adviser warned that near-term unemployment and GDP data will be a "very grave" negative shock......»»
The Historic Trading Action In Oil, Explained
WTI crude oil prices fell more than 100% to negative $40.32Â per barrel on Monday, dropping into negative territory for the first time in history on concerns the U.S. may be running out of storage capacity in the near-term. read more.....»»
Fitch sees 2020 advertising recession as a result of COVID-19, with effects lingering next year
The economic shock resulting from the COVID-19 pandemic will result in a "significant near-term pullback" in advertising, leading to an ad recession in 2020, according to Fitch Ratings. The credit rating agency expects overall ad spending to con.....»»
Fitch downgrades Kohl"s long-term IDR to BBB-; outlook negative
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Fitch downgrades Dillard"s long-term IDR to BB; outlook negative
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Fitch downgrades Nordstrom"s long-term IDR to BBB; outlook negative
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Fitch downgrades Macy"s long-term IDR to BB+; outlook negative
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Fitch downgrades long-term rating for Boeing to "BBB" from "A-", Reuters says
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Boeing"s credit rating cut by 2 notches at Fitch, but stays 2 notches above "junk" territory
Boeing Co. long-term credit rating was downgraded two notches at Fitch Rat.....»»
Why BlackRock’s Larry Fink warns climate change is on the edge of reshaping finance
In his letter Fink wrote climate change has become a defining factor in companies’ long-term prospects, and the evidence on climate risk is compelling investors to reassess core assumptions about modern finance......»»
KeyBanc views near-term risk/reward on Apple as "slightly negative"
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»