If there is a downgrade of US credit what time is it likely to be announced at? Pre/post or during market hours?
This will be announced after Goldman Sachs, JP Morgan, Morgan Stanley and related / brfriended hedge funds are full to the hilt with short positions in every single stock, bond, futures positions. That´s rather logic, or?
I find it odd that junk bonds haven't sold off more given all the gloom and doom of a potential downgrade.