Page 35 - Aaa Rating News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.

Sign about not just the economy but the global economy, oil prices are plunging today. we are now looking at low prices for oil in the $83 range. it's now nearly $3. jenna and jon there is so much uncertainty building in the markets and traders fear that there could be more down grades in the future. jenna: let's talk a little bit about that. eric bolling will talk to us about some of the could mod today des. some thought we would see a downgrade of fanny mae and freddie mac. we have it this morning. any other down grades we should watch for? >> reporter: certainly you have to remember that th...

Latest updates on this topic from reliable sources.

You've got two other ratings agencies, they're still giving the united states the aaa rating. how can standard & poor's have this great an effect on this country and those who invest in it? >> reporter: because it's cascading down. you start with the downgrade on friday afternoon of american treasury securities. uncle sam itself. today come down a notch, and you have downgraded what's called agency debt, fannie and freddie, housing agency debt. they've been downgraded. that's a cascade coming down the food chain. is the next step going to be towns and cities across america? could we see bankru...