What, only 17 banks will be downgraded, and not 18? And Morgan Stanley will only fall 3 levels, and not 4?
Why, the stock market will rally on this news! That’s how crazy this market is.
Market rallies on “better than expected” news. Just more water for the sprouts.
Maybe I keep missing it, but I never see anything from S&P anymore; just Moody’s and Fitch. Blackout by orders from the WH?