Do Investors Pay Attention To Ratings Agencies?
Posted on January 18, 2012 at 11:37 AM EST
Both Germany and the IMF have cut their growth forecasts for this year. Germany for Germany, and the IMF for global growth… But both are cutting their forecasts because of the same thing… Eurozone weakness, due to the debt problems, which are pushing austerity measures, which will cut growth for certain! But the IMF did [...] Do Investors Pay Attention To Ratings Agencies? originally appeared in the Daily Reckoning . The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.
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