Surveillance: Fitch Cut, Trump Indictment
Bloomberg Surveillance
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Does the NEP Downgrade Matter?
Bob Michael, JP Morgan Asset Management joins us around the table here in New York to go through some of this. Bob: We wanted to confirm a number of things and we're confident markets would remain stable. The next thing we're looking for is what does Fitch do with the GSEs? Do they say because it's securitized? It has a higher rating than the sovereign? I don't know.
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