Results 1 to 2 of 2

Thread: Moody's Input on the US economic status

  1. #1
    Slowest Car on IA David88vert's Avatar
    Join Date
    Nov 2002
    Location
    Johns Creek
    Age
    51
    Posts
    8,378
    Rep Power
    36

    Default Moody's Input on the US economic status

    Moody's raises U.S. outlook - Jul. 19, 2013

    "America is pulling out of its economic malaise, slowly but surely, according to the Moody's Investors Service rating agency.
    Moody's has raised its outlook on U.S. debt to stable, shedding the negative outlook that it has maintained for nearly two years.
    The move reflects a decline in the U.S. budget deficit, which is expected to continue to shrink over the next few years, in conjunction with a moderately improving U.S. economy, Moody's said in its report released late Thursday.
    Moody's also affirmed its top rating -- Aaa -- for the U.S. government, noting that the nation's "debt trajectory is on track to meet the criteria laid out in August 2011 for a return to stable outlook."

    I thought that it might be good to add a positive topic to the forum.
    "Racing is life. Anything before or after is just waiting." - Steve McQueen

  2. #2
    Moderator BanginJimmy's Avatar
    Join Date
    Oct 2005
    Location
    Hiram, GA
    Age
    44
    Posts
    7,499
    Rep Power
    29

    Default

    Look for it to go back negative either late next year or early 2015 with the expansion of Obamacare.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
About us
ImportAtlanta is a community of gearheads and car enthusiasts. It does not matter what kind of car or bike you drive, IA is an open community for any gearhead. Whether you're looking for advice on a performance build or posting your wheels for sale, you're welcome here!
Announcement
Welcome back to ImportAtlanta. We are currently undergoing many changes, so please report any issues you encounter with the site using the 'Contact Us' button below. Thank you!