Support the Wall Street Examiner! Choose your level of support to receive a free proprietary report as my thanks. Click the button below to see your options. Become a Patron!

Moody’s warns on US credit rating – FT.com

The US could lose its top credit rating status if policy makers fail to agree on measures to reduce the country’s debt to gross domestic product ratio next year, Moody’s Investors Service warned on Tuesday.

Budget negotiations during the 2013 congressional legislative session “will likely determine the direction of the US government’s Aaa rating,” Moody’s said, adding that if talks fail to produce stabilisation followed by a downward trend in the ratio of federal debt, it may cut the country’s rating to Aa1.

Liquidity moves markets!

Follow the money. Find the profits! 

via Moody’s warns on US credit rating – FT.com.

Try Lee Adler's Technical Trader risk free for 90 days! Follow the money. Find the profits!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.