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Fisher Capital Management Investment: Moody on Japan’s Credit Ratings

Last Wednesday, Japan’s debt rating was downgraded by Moody’s Investor’s Service to three levels below triple-A. However, Fisher Capital Management would have to insist that the outlook remains stable despite the country’s fear of experiencing crisis in the debt market.

The announcement was made few days before the ruling party was due to select the sixth prime minister within the last five years. This adds up the pressure of the political leaders to make drastic measures to improve the country’s finances.

Moody’s reasoned out that the cut to Japan’s government bond rating was due to the build-up of debts with large budget deficits since the 2009 global recession.

But it seems that Moody’s ratings is far better than other major ratings companies, like the Fitch and Standard & Poor’s Ratings, which rate Japan’s debt double-A-minus. These companies further add a negative outlook for the government’s finances.

As the U.S. gets more criticisms on its finances, so does Japan which is the world’s third largest economy. However, Japan is way down below the financial stability of the U.S., being downgraded from triple-A earlier this month by the S&P. Japan’s central government gets its annual budget from bond issuance, whose gross debt increased to more than 200% of the gross domestic products.

Japan is rated above single-A, a level that forces pension funds to cease buying government bonds. Mo...

Fisher Capital Management Financial: Obama proposes tax hike, $3 trillion deficit-reduction plan

President Barack Obama called for an alternative option regarding duty raises around the richest Americans last night, creating it any key component associated with their $3 billion deficit-reduction plan as he stepped back again coming from current thought of substantial slashes in order to Social Security as well as Medicare health insurance.

In a impassioned deal with in which called for mutual compromise during these hard occasions, Obama promised to veto any invoice that cuts big-ticket entitlement programs without which includes taxes increases.

The plan and strong rhetoric restart the particular president’s battle with congressional Republicans. Addressing GOP accusations in which his plan would certainly divide Americans, Barack Obama stated: “It’s not class warfare. It is math concepts.

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Fisher Capital Management Financial: Obama proposes tax hike, $3 trillion deficit-reduction plan

President Barack Obama called for an alternative option regarding duty raises around the richest Americans last night, creating it any key component associated with their $3 billion deficit-reduction plan as he stepped back again coming from current thought of substantial slashes in order to Social Security as well as Medicare health insurance.
In a impassioned deal with in which called for mutual compromise during these hard occasions, Obama promised to veto any invoice that cuts big-ticket entitlement programs without which includes taxes increases.
The plan and strong rhetoric restart the particular president’s battle with congressional Republicans. Addressing GOP accusations in which his plan would certainly divide Americans, Barack Obama stated: “It’s not class warfare. It is math concepts.

Fisher Capital Management Financial: Obama proposes tax hike, $3 trillion deficit-reduction plan

President Barack Obama called for an alternative option regarding duty raises around the richest Americans last night, creating it any key component associated with their $3 billion deficit-reduction plan as he stepped back again coming from current thought of substantial slashes in order to Social Security as well as Medicare health insurance.
In a impassioned deal with in which called for mutual compromise during these hard occasions, Obama promised to veto any invoice that cuts big-ticket entitlement programs without which includes taxes increases.
The plan and strong rhetoric restart the particular president’s battle with congressional Republicans. Addressing GOP accusations in which his plan would certainly divide Americans, Barack Obama stated: “It’s not class warfare. It is math concepts.
In those talks along with John Boehner, the president agreed to extend the actual membership age regarding Medicare insurance from 65 to 67 and also change calculations that would limit Social Safety cost-of-living increases. These credits had been part of the grand discount with regard to $4 trillion inside deficit reductions he unsuccessfully attempted to be able to strike along with Republicans.
It seems that such any bargain will be off, at least for now; and if cuts inside entitlement applications are to be done, they must come with greater income taxes upon those most able to spend.
Boehner stated the actual president’s fresh plan did not ma...

Fisher Capital Management Financial Blog Website

President Barack Obama called for an alternative option regarding duty raises around the richest Americans last night, creating it any key component associated with their $3 billion deficit-reduction plan as he stepped back again coming from current thought of substantial slashes in order to Social Security as well as Medicare health insurance.
In a impassioned deal with in which called for mutual compromise during these hard occasions, Obama promised to veto any invoice that cuts big-ticket entitlement programs without which includes taxes increases.
The plan and strong rhetoric restart the particular president’s battle with congressional Republicans. Addressing GOP accusations in which his plan would certainly divide Americans, Barack Obama stated: “It’s not class warfare. It is math concepts.
In those talks along with John Boehner, the president agreed to extend the actual membership age regarding Medicare insurance from 65 to 67 and also change calculations that would limit Social Safety cost-of-living increases. These credits had been part of the grand discount with regard to $4 trillion inside deficit reductions he unsuccessfully attempted to be able to strike along with Republicans.