S&P Pre-Announces The Bank Christmas Massacre | ZeroHedge

Ho, ho, HO! Tid til en lille Julemassakre i banksektoren! (Investorer, take note)

Peter Bjørn,

18/11/2011

Ho, ho, HO! Tid til en lille Julemassakre i banksektoren! (Investorer, take note).

Citat:

Credit (and to a lesser degree - equity) markets have shown their disapproval as spreads are as bad (if not worse) than at any time before, and yet the ratings agencies have yet to act - especially in the US. All that is about to change as Reuters gently reminds us that S&P is about to update it bank credit ratings framework. The model is complex by nature but as we have seen time and time again, the agencies tend to lag prices (spreads) and in that case, we can expect downgrades as an early Christmas present.

Kort (og groft) fortalt: Banksektoren er et sminket lighus, hvor straffen på ratingerne har ladet vente på sig.