Smith's sovereign risk grading for the US Government has fallen in the wake of
unprecedented deficit borrowing. What's more, those sovereign governments with large exposure to the U.S.
debt markets face significant credit challenges. Smith's Event Risk Gradings include a complex and
proprietary algorithm that reflects the probability of default, wrongful call of a financial guarantee,
incontrovertibility of currency, and social insurrection.
incorporates long-tail risk assessments into Smith's Gradings. We determined the cyclical real estate bubble
in the U.S. produced an overhang of 3 million single-family homes. Learn more about how the excess supply of
homes has grown to 3.5 million.
In August of 2008,
Smith's Research & Gradings predicted a Worldwide Bank Capital Crunch would cause an unprecedented collapse in
the structured finance and corporate bond markets. Our report was entitled: The Beginning of the Middle. We
said the beginning was 18 months long and the middle would be twice as long as the beginning. Find out what
Smith's Research reported would mark the middle of the middle.