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Reducing Deficit Key to US Rating: Moody
The United States, which posted a record deficit in the last fiscal year, may lose its Aaa-rating if it does not reduce the gap to manageable levels in the next 3-4 years, Moody's Investors Service said on Thursday. The U.S. government posted a deficit of $1.417 trillion in the year ended Sept. ...
U.S. Commercial Property Values Fall 3% in August (Update2)
U.S. Commercial Property Values Fall 3% in August (Update2)
bloomberg.com — Oct. 19 (Bloomberg) -- Commercial property values in the U.S. declined in August as job losses and... the recession cut demand for offices, retail space and rental apartments. The Moody’s/REAL Commercial Property Price Indices fell 3 percent in August ... (more) U.S. Commercial Property Values Fall 3% in August (Update2)
Moody’s: CRE Prices Off 41 Percent from Peak, Off 3% in August
Moody’s: CRE Prices Off 41 Percent from Peak, Off 3% in August
calculatedriskblog.com — From Bloomberg: U.S. Commercial Property Values Fall 3% in August (ht James) The Moody’s/REAL Commercial Property Price... Indices fell 3 percent in August from July, bringing the market’s decline to almost 41 percent since its peak in October 2007, ... (more) Moody’s: CRE Prices Off 41 Percent from Peak, Off 3% in ...
US Could Lose “AAA” Rating–Moody’s
US Could Lose “AAA” Rating–Moody’s
247wallst.com — Moody’s (NYSE:MCO) lead analyst covering US debt said that the Amercan goverment could lose its “AAA” rating... if it cannot cut the deficit and budget gaps in the next three to four years. Steven Hess told Reuters: “The Aaa ... (more) US Could Lose “AAA” Rating–Moody’s
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US Could Lose “AAA” Rating–Moody’s
24/7 Wall St. — ... Moody’s (NYSE:MCO) lead analyst covering US debt said that the Amercan goverment could lose its “AAA” rating if it cannot cut the deficit and budget gaps in the next three to four years. Steven Hess told Reuters: “The Aaa rating of the U.S. is not guaranteed.” The current rating should be stable for at least 18 months. It was only earlier this year that the UK government got a similar warning from credit agencies. China expressed concern to Secretary Geithner that it does not have an unending appetite for US Treasury paper. At some point the People’s Republic will not be ...

Around and about...
Scrivener.net — ... "The Aaa rating of the U.S. is not guaranteed," said Steven Hess, Moody's lead analyst for the United States said in an interview with Reuters Television. "So if they don't get the deficit down in the next 3-4 years to a sustainable level, then the rating will be in jeopardy." [CNBC] ...

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