Moody’s Blues: How to Kill Any Economic Recovery

By: Tuesday December 14, 2010 12:30 pm

Moody’s economist, Stephen Hess is telling us the risk of holding US debt will rise because of the tax deal, and if we don’t offset this by cutting spending, the US is more likely to default on its sovereign debt. Absolute gibberish.

 

Moody’s Swings

By: Tuesday December 14, 2010 7:25 am

Can someone tell me why the same guy, at the same ratings agency, does a 180 in less than one week, when the deal hasn’t changed an iota?

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