Roberts of MFS says biggest risk over next 3 to 5 yrs is c.bank related. Looking long term move up in FI quality. #mfs #UBSforum
In high yield market, opportunities likely outside U.S maybe in Europe in 2014 – #BlackRock’s Reider at #UBSforum
What’s the fastest way to get Prez Obama’s #Blackberry out of his hands? Have China’s #Lenovo buy the beleaguered company.
NEW YORK (Reuters) – Fitch Ratings warned on Tuesday it could cut the sovereign credit rating of the United States from AAA citing the political brinkmanship over raising the federal debt ceiling.
“Although Fitch continues to believe that the debt ceiling will be raised soon, the political brinkmanship and reduced financing flexibility could increase the risk of a U.S. default,” the firm said in a statement.
WASHINGTON/NEW YORK (Reuters) – Top Federal Reserve officials said on Friday their decision not to reduce the pace of stimulus was wise given the crippling U.S. government shutdown, while admitting some recent troubles in getting their policy message across.
Fed Board Governor Jerome Powell said the central bank will maintain its ultra-easy monetary policy for quite a while longer, regardless of what decision it takes on when to change the level of its monthly bond buying campaign.