Economic Research: U.S. Weekly Financial Notes: Soft Patch Or Quicksand? - S&P Global Ratings’ Credit Research

Economic Research: U.S. Weekly Financial Notes: Soft Patch Or Quicksand?

Economic Research: U.S. Weekly Financial Notes: Soft Patch Or Quicksand? - S&P Global Ratings’ Credit Research
Economic Research: U.S. Weekly Financial Notes: Soft Patch Or Quicksand?
Published Aug 05, 2011
Published Aug 05, 2011
Price US$ 850.00  |  Buy this Report Now

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Abstract:

Despite agreeing to raise the U.S. debt ceiling by at least $2.1 trillion during the next decade and cut spending by at least the same amount, politicians could not satisfy markets spooked by poor economic data. After panic fueled a global market sell-off, not even the better-than-expected Bureau of Labor Statistics (BLS) employment data, showing nonfarm payrolls rising 117,000 in July with upward revisions to May and June figures and the unemployment rate falling to 9.1%, could calm markets suspecting a snowballing crisis. Other economic releases this week include: The Institute for Supply Management (ISM) manufacturing index fell to its lowest point in two years to 50.9 in July after rising to 55.3 in June. The ISM nonmanufacturing index fell

  
Report Type:

Commentary

Sector
Global Issuers, Public Finance, Structured Finance
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Economic Research: U.S. Weekly Financial Notes: Soft Patch Or Quicksand?" Aug 05, 2011. Alacra Store. Jan 22, 2021. <http://www.alacrastore.com/s-and-p-credit-research/Economic-Research-U-S-Weekly-Financial-Notes-Soft-Patch-Or-Quicksand-883516>
  
APA:
S&P Global Ratings’ Credit Research. (). Economic Research: U.S. Weekly Financial Notes: Soft Patch Or Quicksand? Aug 05, 2011. New York, NY: Alacra Store. Retrieved Jan 22, 2021 from <http://www.alacrastore.com/s-and-p-credit-research/Economic-Research-U-S-Weekly-Financial-Notes-Soft-Patch-Or-Quicksand-883516>
  
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