Credit ratings for 6 giant banks to be downgraded

via Dailymail: Credit agency Moody’s put six banks on watch for a potential downgrade. First Republic, Zions, Western Alliance, Comerica, UMB Financial and Intrust Financial are all being reviewed over ‘extremely volatile funding conditions for some US banks exposed to …

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Food Crisis: Russian Wheat Harvest Downgraded.

https://www.rt.com/business/560287-global-food-security-concerns-explainer/ Russian Agriculture Minister Dmitry Patrushev warned on Friday that the ministry sees risks of the country’s grain harvest target not being reached this year. The amount of grain harvested across Russia so far is lower than this time last …

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Largest China developer Country Garden downgraded to junk. Ratings firm cited declining sales and weaker funding access.

by DJ_ODell Found this Global 500 rating from 10 months ago entertaining. Doesn’t say much for the global economy. https://www.prnewswire.com/news-releases/country-garden-rises-to-139th-on-2021-fortune-global-500-list-301347299.html FOSHAN, China, Aug. 3, 2021 /PRNewswire/ — The latest FORTUNE Global 500 list was released on August 2nd, with the number of …

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LOTS of Fitch Ratings today. CMBS being downgraded, some being put on outlook negative. Some have seen overall occupancy decline to 78.5% as of June 2021 from 89.7% as of June 2020.

by laflammaster Caption: UBS https://www.fitchratings.com/research… Caption: COMM https://www.fitchratings.com/research… Caption: Benchmark https://www.fitchratings.com/research… [CSWIDS] More Fitch ratings, this time on RMBS. Towd with only 10.4% above a long-term sustainable level. Starwood contain 54.2% are nonqualified mortgage. Oak with 65.1% designated as non-qualified …

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Notable companies are lowering guidance… Sad part is that even these downgraded forecasts may be difficult to beat

Notable companies that have lowered guidance so far this month: AppleSamsungLGDelta SkyworksMacy’sKohl’sAmerican AirlinesConstellation BrandsLindtGoodyearFordSignet JewelersBungeStanley Black & DeckerIntel — Ticker History 🗞 (@TickerHistory) January 24, 2019 Sad part is that even these downgraded forecasts may be difficult to beat pic.twitter.com/onpdzUoHy3 …

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$5.7T in Non-Financial US Corporate Debt. And It All Gets More Expensive From Here… JPMorgan Downgraded: “Offers the Least Upside”

Investors to Corporate America: You’ve got a debt problem New York (CNN Business)It’s getting awfully difficult for investors to ignore Corporate America’s mountain of debt. Fears of an economic slowdown — or even recession — have turned a spotlight on …

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