4 ms·

Yes. I'm wrong. But the ratings of the debt of corporations are highly correlated with their valuations. Edit: To be clear, I was talking about dumb money. Us

by alecco 16y ago

Yes. I'm wrong. But the ratings of the debt of corporations are highly correlated with their valuations. Edit: To be clear, I was talking about dumb money. Usually indexed funds and such. Enron was part of S&P 500 for years.