Leave it to the nationally recognized ratings agencies to slam the barn door after the horses have left. The clip below is from Bloomberg this morning. Standard & Poor’s is about four years late to the party. Currency wars have been a major factor in global financial markets for years now. Our regular readers have been all over this. We hope you have too.
Bloomberg Headline from Earlier Today
The following two tabs change content below.
Jeremy Jones, CFA
Jeremy Jones, CFA is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. Jeremy is a contributing editor of youngresearch.com.
Latest posts by Jeremy Jones, CFA (see all)
- Is Sheltering in Munis a Safe Bet for Investors Bitten by SALT Caps? - September 13, 2019
- Ginnie Mae (GNMA) Bond Yields - September 12, 2019
- Is Apple Tipping the App Store Scales in its Own Favor? - September 11, 2019