Ford Downgraded To Junk Status By Moody’s! “Historic Fallen Angel” (Video)
Ford Downgraded To Junk Status By Moody’s! “Historic Fallen Angel” Video by Silver Report
Moody’s investors services has just downgrade Ford to junk status. Several analyst have been predicting an upcoming rush of fallen angel companies in the leveraged corporate debt market. This could lead to a rush of repositioning among investors who are not able to hold non investment grade debt. So they will be forced to sell and Ford is a fallen angel of historic proportions as Moody’s investor services has just Downgraded ford to junk status could Ford be the fallen angel that crashes the Bond market. Also Feds has filed chapter 11 bankruptcy and has changed plans to closing all of their stores as the retail collapse continues.