[When] S&P or Moody’s speaks, that’s not the voice of “the market”. It’s just some guys with an agenda, and a very poor track record. And we have no idea how much effect their actions will have.
— Paul Krugman (Princeton University)
Assistant Professor | Finance, Real Estate, & Law | Cal Poly Pomona
[When] S&P or Moody’s speaks, that’s not the voice of “the market”. It’s just some guys with an agenda, and a very poor track record. And we have no idea how much effect their actions will have.
— Paul Krugman (Princeton University)