I am a regular "Joe" may be not a plumber but a regular average next door guy who is concerned with USA economy. Currently underemployed and with a $ 250 000 in student loans and with a bankruptcy filed not long time ago my passion for the state of the economy arouse ... My purpose is to gather information from different journals and or blogs and help those fellows americans interested in the economy have a broader perception of what really is happening.
Bond credit rating is the same concept for consumers credit rating here in the USA (called fico)...AAA is an excellent credit BBB is a credit that investors must watch because anything with that rating of below is seeing as JUNK BOND which means there is high risk of "surprises" it is given when the economy has deteriorated. Now a tid bit of information: there has been a increase on JUNK bonds, those this means that junk bonds will be the next bubble?
Bond credit rating is the same concept for consumers credit rating here in the USA (called fico)...AAA is an excellent credit BBB is a credit that investors must watch because anything with that rating of below is seeing as JUNK BOND which means there is high risk of "surprises" it is given when the economy has deteriorated. Now a tid bit of information: there has been a increase on JUNK bonds, those this means that junk bonds will be the next bubble?
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