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U.S. outlook raised by Moody's

iguanaman

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With the debt ceiling again looming this fall I hope Republicans will get a grip and not mess up our recovery any more. We don't need more brinksmanship or radical cuts in entitlements, we need GROWTH.

Moody's has raised its outlook on U.S. debt to stable, shedding the negative outlook that it has maintained for nearly two years.
The move reflects a decline in the U.S. budget deficit, which is expected to continue to shrink over the next few years, in conjunction with a moderately improving U.S. economy, Moody's said in its report released late Thursday.

Moody's also affirmed its top rating -- Aaa -- for the U.S. government, noting that the nation's "debt trajectory is on track to meet the criteria laid out in August 2011 for a return to stable outlook."
Moody's raises U.S. outlook - Jul. 19, 2013
 

blaxshep

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With the debt ceiling again looming this fall I hope Republicans will get a grip and not mess up our recovery any more. We don't need more brinksmanship or radical cuts in entitlements, we need GROWTH.
$17,000,000,000,000 in debt not good enough for ya?
 

Fenton

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With the debt ceiling again looming this fall
I hope Republicans will get a grip and not mess up our recovery any more. We don't need more brinksmanship or radical cuts in entitlements, we need GROWTH.



Moody's raises U.S. outlook - Jul. 19, 2013

LOL !! Oh yea, we're in the money NOW !!

Did " Moodys " get a load of that Bernake speach this week ??

That after 5 years, if he stops poisoning the economy with endless QE that the economy was going to " TANK " ?

Yes, Obama's economy, held up with TRILLIONS in printing, TRILLIONS in debt, a 1.8% GDP and Iggy's all excited....about something I don't know.

It's sad but people like Iggy kind of make it Fun too.
 

head of joaquin

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We have liftoff! Tea partiers grumble at favorable credit rating news.

It must suck to be a conservative nihilist and only hope for bad things to happen to the US.
 

head of joaquin

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LOL !! Oh yea, we're in the money NOW !!

Did " Moodys " get a load of that Bernake speach this week ??

That after 5 years, if he stops poisoning the economy with endless QE that the economy was going to " TANK " ?

Yes, Obama's economy, held up with TRILLIONS in printing, TRILLIONS in debt, a 1.8% GDP and Iggy's all excited....about something I don't know.

It's sad but people like Iggy kind of make it Fun too.
Looks like the collapse you're hoping for isn't going to happen, as investors realize. That must sting!
 

iguanaman

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$17,000,000,000,000 in debt not good enough for ya?
Its' good enough for Moody's to raise their outlook and reiterate their AAA rating. I thought that was important to conservatives?
 

ToastyOats

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Its' good enough for Moody's to raise their outlook and reiterate their AAA rating. I thought that was important to conservatives?
It was only important when we were losing our AAA rating.

Good news never has the same oomph as bad.
 

PerfectStorm

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If somebody gave me 85 billion every month I'd have a damn good credit rating as well.
 

head of joaquin

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It was only important when we were losing our AAA rating.

Good news never has the same oomph as bad.
I remember a youtube video of a tea party rally where they cheered when the announcement was made that the US's credit rated had been lowered due to the obstructionism of the tea party occupation forces in Congress.
 

ToastyOats

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I remember a youtube video of a tea party rally where they cheered when the announcement was made that the US's credit rated had been lowered due to the obstructionism of the tea party occupation forces in Congress.
Now that is asshattery.

BTW, apparently S&P, the agency that did reduce its credit rating, revised their outlook from "negative" to "stable" last month just like Moody's did now.

Nobody talked about it.
 

Captain Adverse

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With the debt ceiling again looming this fall I hope Republicans will get a grip and not mess up our recovery any more. We don't need more brinksmanship or radical cuts in entitlements, we need GROWTH.

Moody's raises U.S. outlook - Jul. 19, 2013
And a positive evaluation from "Moody's Investor Services" is important because????

It's one of those Nationally Recognized Statistical Rating Organizations (NRSRO's) that the SEC permits other firms to use for credit ratings. Like the ones who backed those Sub-Prime Mortages, Collateralized Debt Obligations, etc., that led to the sub-prime credit bubble which crashed in 2008?

The only people who care about Moody's ratings are investment bankers, mostly because now they can try to rook common investors again. "See folks, everything is A-OK again. Give us your money!"

Bah! Humbug! ;)
 
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