The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label downgrade. Show all posts
Showing posts with label downgrade. Show all posts

Tuesday, April 12, 2016

IMF downgrades entire global economy following bank warnings of imminent defaults

It is both sad and funny how the mainstream propagandists can say that the economy and financial systems are absolutely fine one week, and then less than five days later warn of imminent disaster due to the potential of global credit defaults.  But this is exactly what has happened as the IMF downgraded the entire global economy on April 12, and both Bank of America and Deutsche Bank publicly announced serious dangers in the credit markets.
Moments ago the IMF did what it does better than anyone (with the exception of the Fed): it once again admitted its forecast of world growth had been too optimistic, and as a result in its just released quarterly World Economic Outlook report, it cut its forecast for 2016 global GDP growth from 3.4% to 3.2%, and from 3.6% to 3.5% for 2017. Indicatively, back in July 2014 the IMF was forecasting 4.0% GDP growth in 2016. It is now 20% lower. - Zerohedge

Yet in addition to the IMF's new forecast of an economic slowdown, and European bank warnings of credit defaults, the biggest danger may be coming from the Far East as a former IMF Chief Economist for the IMF announced that Japan is in its 'Endgame', and has reached the point of no return as it resides at a debt level of 250% of its annual GDP.

There is a reason why we have seen multiple central banks move into negative interest rates, call for direct payments to their citizens, and promote the idea of banning cash, because the reality is that the world is rushing headlong into the next financial crisis, and the clock is ticking for everyone to secure their wealth and get out of the system before they lose it all.

And we all know where the best safe haven is.

Wednesday, January 6, 2016

J.P. Morgan confirms recession signal for U.S. while also downgrading 21 emerging markets

When Wall Street and other mainstream analysts provide forecasts for the markets, one must always take them with a grain of salt since these investment banks also have skin in the game for the outcomes they prognosticate.  But at certain points in a business cycle the data becomes impossible to hide, and what is reported by these analysts can be quite accurate as to the real state of an economy.
Thus when J.P. Morgan started the year on Jan. 4 by downgrading 21 of 22 emerging markets, it appeared to be dead on as global markets fell precipitously on Monday, with some like in China declining more than 7% in a single session.

Read more on this article here...

Tuesday, December 13, 2011

Moody's may downgrade Spanish bank ratings

Late yesterday, Moody's rating agency said that they might be downgrading more Spanish banks as their solvency in the Euro Zone falls.

Moody's on Monday placed eight Spanish banks and two holding companies on review for possible downgrades due to expectations of increased losses stemming from their commercial real estate exposure. The move was prompted by Moody's reassessment of all Spanish banks which indicated a projected decline in earnings generation capacity due to a weaker growth outlook for the Spanish economy. - Marketwatch

Frankly, isn't it about time they were all downgraded enmasse, since liquidity and solvency for the majority of them is a smoke and mirrors over-leaveraged sham.

Tuesday, November 29, 2011

S&P; Downgrades 37 global banks including Bank of America

It makes you wonder where the ratings agencies were back in 2007 and 2008 when the global banking system was in just as much trouble with liquidity and debt, but it appears that they may have gotten 'religion', and are finally doing the jobs most ratings agencies won't do.

Standard and Poor (S&P) gave out their pre-Christmas gifts to 37 global banks, and it looks like they got the coal in the stocking they deserved.  Bank of America especially should quickly fall below $5.00 a share, perhaps as early as tomorrow.

Here is a list thanks to Zerohedge of the banks and their downgrades.

The rest of the data can be found here.