Discover and read the best of Twitter Threads about #CreditRating

Most recents (5)

If you are a Canadian and you vote conservative, you could have a memory loss: Harper, Serial Abuser of Power: The Evidence Compiled
The Tyee’s full, updated list of 70 Harper government assaults on democracy and the law. thetyee.ca/Opinion/2015/0…
If you are a Canadian and you vote conservative thinking trickle-down economics can save Canada you could have memory loss:
6 charts show Stephen Harper has the worst economic record of any Prime Minister since World War II pressprogress.ca/6_charts_show_…
If you are a Canadian and you vote conservative maybe you have a memory loss about the staffer for the Conservative party charged and convicted in the Harper era #PierrePoutine #robocallscandal deliberately designed to create #votersuppression. cbc.ca/news/politics/…
Read 26 tweets
#cdnpoli 🧵@JustinTrudeu
does NOT set #fueloilprices and @PierrePoilievre
knows that. We live in a democracy, not a totalitarian state. The price of oil is set in the global marketplace so the supply/demand balance determines the price of O&G products around the world.
The Canadian government has constitutional authority to regulate gasoline prices only in an emergency. However, provinces and territories can regulate prices, and Quebec and the Atlantic provinces do so.
consumerscouncil.com
@JustinTrudeau does NOT set #groceryprices and
@PierrePoilievre knows that. They result from factors that include yields, wildfires, drought, global supply chain problems and grocery chain price gouging, etc. Implying otherwise is #misinformation.
Read 29 tweets
1/2 #StandardandPoor's #creditrating for Canada stands at AAA with stable outlook. #Moody's #creditrating for Canada was last set at Aaa with stable outlook. #Fitch's #creditrating for #Canada was last reported at AA+ with stable outlook. #DBRS's #creditrating for Canada is AAA
2/2 with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Canada thus having a big impact on the country's borrowing costs. tradingeconomics.com/canada/rating #Canadacreditrating
1/2 #CanadaStocks Hit Fresh All-Time High
#CanadianDollar Hits 20-week High
#CanadaExports Beat Expectations, New All-Time High
#CanadaTrade Surplus Lower than Expected
#CanadaImports Rebound More than Expected
Read 8 tweets
Q. What are fundamentals of economy?

A. GDP growth, unemployment rate, inflation rate, fiscal deficit of the govt, savings & investment rates in the economy, the domestic currency’s relative value against the US $, external debt, level of poverty & inequality, etc...

Read On👇
India's falling #GDP growth in last 5 yrs

FY16-17➡️7.04%
FY17-18➡️6.12%
FY18-19➡️5.02%
FY19-20➡️4.2%
FY20-21➡️-7.3%

FY21-22 GDP growth forecast➡️8.3%

That means, India’s GDP growth over the 2 yrs (FY20-21 & FY21-22) to remain 0.50%

Strong fundamental of economy🤷‍♂️

Read On👇
#UnemploymentRate was at a 45-year high in 2017-18.

As against the norm of 2%-3% unemployment rate, India started routinely witnessing unemployment rates close to 6%-7% in the yrs leading up to Covid. The pandemic made matters worse.

Strong fundamental of economy🤷‍♂️

Read On👇
Read 14 tweets
There have been a flurry of public issue of NCDs lately. These issues are primarily from NBFCs who are finding it tough to raise funds though banks and MFs. Here, I explain why the public issue NCDs are not in the interest of retail investors. Thread (1/9)
A) There is a common misconception that public issue NCDs are akin to Fixed Deposits (FDs). FDs of PSU banks are covered under the umbrella limit of 1 lakh deposit insurance. NCDs are not. A case in point is the expected loss to retail investors in DHFL public issue NCDs. 2/9
B) The rate offered by these NBFCs in public issue is much lower than what they offer in privately placed deals. Further, a substantial fee is cornered by brokers for selling these NCDs to retail investors. 3/9
Read 13 tweets

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