Tag: downgrade

Current Market Conditions

by Gene G. Smith, CPA Smith, CPA | Aug 8, 2011 | Mike's Corner | 0

As we have seen during the debt ceiling debate, the stock market experienced losses and volatility. Conversely, bond prices have steadily risen during this time. Late Friday, Standard & Poors downgraded the credit rating of...

US Credit Risk Benefits Corporate Bonds

by Gene G. Smith, CPA Smith, CPA | Aug 1, 2011 | Industry News, Market Trends | 0

US investors are beginning to rethink the composition of their portfolios and become more risk averse. If people become more conservative, that could possibly create a deflationary environment, which is a positive for bonds, not...