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On Thursday, the influential bond fund manager Bill Gross of Pimco said in an interview on Bloomberg Television that the United States might eventually lose its triple-A credit score.
Mr. Liscio, whose motto was "To trust is good, not to trust is better," founded his influential bond market newsletter in 1992 after working briefly as a senior editor of U.S. News & World Report.
But now defaults are at an eight-year low, despite a string of high-profile bankruptcies last year, including Calpine, Delphi and Delta Air Lines.* Last year, there were 37 corporate defaults, mostly of industrial companies, representing some $42 billion in debt, according to Standard & Poor's, the influential bond ratings agency.
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But how long can the burden of corporate taxes continue to fall, ask the doubting Thomases, and how long can interest rates stay so low?Bill Gross, an influential bond-fund manager, worries that American firms are generating an unusually large share of their profits from financial bets that depend on interest rates remaining low.
But yesterday, Ravi Suria, an influential convertible bond analyst at Lehman Brothers, published a report arguing that this may be the year in which both time and money run out for Amazon.
Lehman Brothers rebounded from a difficult Tuesday, after getting votes of confidence from Merrill Lynch and an influential U.S. bond fund.
The firm got its buy rating restored at Merrill Lynch after Monday's downgrade, and influential U.S. bond fund Loomis Sayles revealed it has been buying up the firm's debt.
The company got its buy rating restored at Merrill Lynch after Monday's downgrade, and influential U.S. bond fund Loomis Sayles revealed it has been buying up the brokerage's debt.
Meanwhile, Dan Fuss, vice chairman of influential U.S. bond fund Loomis Sayles, said his firm has been buying up the company's debt in recent days, and its credit is good.
One of the most influential is the bond between layers.
Blair Boutte, an influential owner of a bail bonds business, who did prison time for manslaughter in the 1990s, is advising Charbonnet's campaign, according to the New Orleans Times-Picayune.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com