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"Near Extinction of the US Triple A Company:"

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bar1080   Saturday, 12/07/19 10:29:51 AM
Re: Monksdream post# 163386
Post # of 165851 
"Near Extinction of the US Triple A Company:"

"Just a handful of companies in the world retain the coveted rating from Standard & Poor’s after ExxonMobil was downgraded last month. [2016]

"In the US, the number has fallen to two — Johnson & Johnson and Microsoft. In 1992, there were 98 US companies that held the highest credit rating from S&P.

"The demise of triple A-rated companies reflects a dramatic rise in the use of debt to help bolster shareholder returns and fund takeover activity."

https://www.ft.com/

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