Home » Posts tagged 'rating agency'

Tag Archives: rating agency

Olduvai
Click on image to purchase

Content

Olduvai III: Catacylsm
Click on image to purchase

Post categories

Post Archives by Category

Rating agency S&P warns 13 oil and gas companies they risk downgrades as renewables pick up steam

January 30, 2021

Rating agency S&P warns 13 oil and gas companies they risk downgrades as renewables pick up steam Firms including Woodside, Chevron, Shell and Exxon Mobil, told they could be downgraded within weeks. Royal Dutch Shell rig operators in Texas. Oil and gas companies have been told they could be downgraded between one and two notches […]

Continue Reading →

Connecticut Capital Hartford Downgraded To Junk By S&P

July 11, 2017

Connecticut Capital Hartford Downgraded To Junk By S&P One week ago, Illinois passed its three year-overdue budget in hopes of avoiding a downgrade to junk status, however in an unexpected twist, Moody’s said that it may still downgrade the near-insolvent state, regardless of the so-called budget “deal.” In fact, a downgrade of Illinois may come […]

Continue Reading →

Fitch Downgrades Italy To BBB From BBB+

April 22, 2017

Fitch Downgrades Italy To BBB From BBB+ Having largely disappeared from the market’s scope for the past 6 months, ever since Europe “bent” its rule allowing the bailout of Monte Paschi and several smaller banks despite Italy having the greatest amount of disclosed NPLs of any European nation, moments ago Fitch decided to drag Italy […]

Continue Reading →

The SPV Loophole: Draghi Just Unleashed “QE For The Entire World”… And May Have Bailed Out US Shale

April 22, 2016

The SPV Loophole: Draghi Just Unleashed “QE For The Entire World”… And May Have Bailed Out US Shale Almost exactly one year ago, we wrote “Mario Draghi, Collateral Scarcity, And Why The ECB Will Soon Buy Corporate Bonds.” 11 months later, the ECB confirmed this when for the first time ever, Mario Draghi said he would […]

Continue Reading →

KKR’s Chilling Message about the “End of the Credit Cycle”

April 7, 2016

KKR’s Chilling Message about the “End of the Credit Cycle” “Opportunities in Distressed Assets” as current investors get crushed After seven years of “emergency” monetary policies that allowed companies to borrow cheaply even if they didn’t have the cash flow to service their debts, other than by borrowing even more, has created the beginnings of […]

Continue Reading →

Debt Spiral Grips Both, Pemex and Mexico

April 6, 2016

Debt Spiral Grips Both, Pemex and Mexico It was just a matter of time before Pemex, Mexico’s chronically indebted state-owned oil giant, began dragging down the national economy it had almost single handedly sustained for over 75 years. The company has been bleeding losses for 13 straight quarters. As of December 31, it had $114.3 billion in […]

Continue Reading →

“Sweden Most At Risk Of Asset Bubble” Moody’s Warns, After Taking A Look At Swedish House Prices

March 16, 2016

“Sweden Most At Risk Of Asset Bubble” Moody’s Warns, After Taking A Look At Swedish House Prices Last September, in the aftermath of Sweden going full NIRP, we warned that “Sweden Goes Full Krugman, Gets Massive Housing Bubble“, in which we showed the unprecedented surge in Swedish home prices, which have been the one asset class […]

Continue Reading →

Moody’s Just Put Over Half A Trillion Dollars In Energy Debt On Downgrade Review

January 22, 2016

Moody’s Just Put Over Half A Trillion Dollars In Energy Debt On Downgrade Review One week ago, in the aftermath of the dramatic downgrade to junk of Asian commodity giant Noble Group, we showed readers the list of potential “fallen angel” companies, those “investment “grade companies (such as Freeport McMoRan whose CDS trades at near-default levels) who […]

Continue Reading →

Peak Desperation

October 14, 2015

Peak Desperation When Standard and Poor’s downgraded Dell to junk in September 2013, it cited the slump in the PC business, the pricing pressures in the sector, and the proposed buyout of the company by founder Michael Dell and private equity firm Silver Lake Management. They’d heap new debt on the company whose sales at […]

Continue Reading →

S&P Wakes Up, Cuts Italy to One Notch Above Junk | Wolf Street

December 5, 2014

S&P Wakes Up, Cuts Italy to One Notch Above Junk | Wolf Street. Italy has one of the most troubled economies in the EU. Businesses and individuals are buckling under confiscatory taxes that everyone is feverishly trying to dodge. Banks are stuffed with non-performing loans that have jumped 20% from a year ago. The economy […]

Continue Reading →

Olduvai IV: Courage
Click on image to read excerpts

Olduvai II: Exodus
Click on image to purchase

Click on image to purchase @ FriesenPress