Monday, September 30, 2024

Fitch

JPMorgan Chief Reacts to Fitch Ratings US Downgrade to AA+

In reaction to the Fitch Ratings downgrade, the JPMorgan CEO said that “it doesn’t really matter that much”. JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon has reacted to the Fitch Ratings downgrade of the United States’ long-term credit rating. Credit...

US Equities Enter Sharp Correction after Fitch Downgrade, Nasdaq Tanks Over 2%

After a strong rally in growth stock and other tech companies, analysts are advising investors for a sectorial rotation to defensive stocks. On Wednesday, August 2, US equities entered a major correction as Fitch downgraded the long-term rating...

Fitch Downgrades US Credit Rating to AA+ Citing Fiscal Deterioration and Governance Erosion

Before releasing the latest ratings, Fitch had initially warned about a possible downgrade during US debt ceiling negotiations a few months ago. Fitch Ratings, one of the major credit rating agencies, downgraded the United States’ long-term foreign currency issuer...

Fitch Claims El Salvador’s Bitcoin Adoption Strongly Hinders IMFs Upcoming Finance Plans

Fitch Ratings, one of the big three credit ratings agencies, has downgraded El Salvador’s long-term issuer default rating (IDR). Fitch now rates El Salvador’s debt repayment capacity at CCC, a step lower from B on the firm’s scale....

Fitch Ratings Warns About This Negative Aspect of El Salvador’s Bitcoin (BTC) Adoption

Fitch Ratings has joined the long line of opposition in regards to El Salvador’s Bitcoin Legal Tender. The global credit rating agency has alerted the nation of substantial risks post-BTC adoption. Fitch Ratings argue that BTC legal tender...
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Latest News

RCO Finance Price Prediction: Dogecoin and Shiba Inu Whales will Push RCOF from $0.03 to $1 by Q1 2025 – Techpoint Africa

RCO Finance Price Prediction: Dogecoin and Shiba Inu Whales will Push RCOF from $0.03 to $1 by Q1...
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