Oh these ratings agencies. Warn us about European debt two years ago, not now.
Marc Faber was on CNBC for a while today discussing the prospect of these ratings cuts.
- Faber thinks these ratings cuts are priced into the sovereign bonds already
- Thinks most European companies should really be CCC rated
- Thinks the United States debt is essentially a junk bond
- And provides his views of global and American equity markets
Also check out:
Marc Faber was on CNBC for a while today discussing the prospect of these ratings cuts.
- Faber thinks these ratings cuts are priced into the sovereign bonds already
- Thinks most European companies should really be CCC rated
- Thinks the United States debt is essentially a junk bond
- And provides his views of global and American equity markets
Also check out:
