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The aggressive rating cuts may not mollify the investors who have sharply criticized the agencies for being slow to act in recent weeks.
His firm last week shifted its asset-allocation recommendation to the most aggressive rating for equities, a judgment that the stock market rally is very likely to continue.
Companies in between those extremes receive either an "average" or "aggressive" rating.
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Aggressive rate cuts could also shorten the duration or severity of a slowdown.
Aggressive rate cuts have been a boon for investors most of the time.
Credit markets remain traumatized despite aggressive rate-cutting by the Federal Reserve.
The Fed's aggressive rate-cutting campaign has contributed to a lower value for the dollar.
The stock market, they say, has remained stubbornly flat despite the aggressive rate cuts.
By any of the usual rules of monetary policy, the situation calls for aggressive rate cuts.
"As such, we think further aggressive rate hikes in Indonesia will be unnecessary".
Aggressive rate cuts by the Federal Reserve have driven up the prices of Treasury bonds, leaving them with razor-thin yields.
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CEO of Professional Science Editing for Scientists @ prosciediting.com