And
since debt analysts are busy trying to re-establish their credibility with market participants and the public at large, the downgrades now arrive fast and frequently.
Not exact matches
The bank's
analysts also found that credit cards, student loans and auto loans have driven total consumer
debt increases ever
since the late 1980s, when the vast majority of borrowed dollars were for home loans.
Since joining in 2004, Blake has progressed from a Junior Credit
analyst to his current role as a Senior Director and as such, is responsible for originating, structuring and underwriting
debt and equity facilities ranging from $ 10 - $ 200 million.
The federal government needed to raise the $ 14.3 trillion
debt ceiling by an Aug. 2 deadline or risk defaulting on its
debts, which would send interest rates soaring — and continuing to soar
since a higher
debt ceiling could devalue the U.S. dollar,
analysts have said.