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Yahoo Finance: “Wall Street says ‘buy the dip’ after Moody’s credit downgrade”

By datatrekresearch in IN THE NEWS Yahoo Finance: “Wall Street says ‘buy the dip’ after Moody’s credit downgrade”

Excerpt from Yahoo Finance quoting DataTrek's Nick Colas:

...."Both S&P and Fitch’s downgrades line up with longer term bull markets for US equities, showing that credit rating agency decisions have not provided any signal about the future direction of stock prices," DataTrek Research co-founder Nicholas Colas wrote in a note to clients on Monday morning"....

Full article here on Yahoo Finance.

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Thousands of investors and financial journalists rely on Nick and Jessica’s newsletter every day for their thought-provoking work on markets, data and disruption. See why for yourself by starting a 2-week FREE trial below.