Bursa Malaysia (KLSE) Daily Info Edge Zone
United States has lost its AAA credit rating!
Durian Edge
Publish date: Sat, 06 Aug 2011, 11:02 AM
Durian Edge
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Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share
The United States has lost its AAA credit rating, at least according to Standard & Poor's (S&P). The ratings agency downgraded the U.S. Friday after the market close for the first time ever, and issued a negative outlook ' meaning the likelihood of another downgrade in the future has risen.
Monday will see what Asia market react on this. Any deep will be a good opportunity to buy blue chip share or Petronas share.
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1 person likes this. Showing 2 of 2 comments
Money already flow to Asia/ Emerging Market already... but during those transition of US collapse and the emrging or new economic power... it gonna a hard day...
2011-08-06 19:06
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AAA or AA+ .... still got A. Maybe money will flow to Asia this time.
2011-08-06 12:23