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Perhaps Markets and Investors Should Be Cheering S&P Downgrade of China

When investors hear that one of the world’s top credit ratings agencies has issued a sovereign downgrade of one of the world’s biggest nations, it tends to bring more than just some attention. 803 more words

Economy

Moody's China Downgrade Is Not Crushing Chinese Shares and Markets

The biggest economic and financial market story for Wednesday should be that Moody’s has formally downgraded China’s credit rating. Although this downgrade may sound harsh, the new “stable” outlook seems to mean that the balance of risk and upside are now adequately reflected in the larger global macroeconomic picture. 590 more words

Investing

Top Analyst Upgrades and Downgrades: Accenture, Ciena, Shake Shack, US Steel, Zions, China and More

Stocks were simply looking for direction, with no real bias up or down, on Wednesday. The markets have all bounced handily after last week’s big sell-off, and investors should consider that the S&P 500 is up against 2,400 and the Dow is up against 21,000 again. 894 more words

Investing