How the Rating of Bitcoin Compares to that of Fiat Currencies

Fiat money has no intrinsic value – it is not backed up by the equal value of a commodity, but is made legal tender due to government decree. Bitcoin is a virtual cryptocurrency and worldwide payment system. It is the first decentralized digital currency – the system works without a central repository or single administrator … More How the Rating of Bitcoin Compares to that of Fiat Currencies

Rating the Bitcoin – When New Technologies Meet

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency – the system works without a central repository or single administrator – and has been introduced in 2009. Unlike fiat money, Bitcoin is unique because it is de-centralized and, more importantly, not under the control of bankers or financial regulators. … More Rating the Bitcoin – When New Technologies Meet

Payment Card Industry in Vietnam – A Systemic Risks Analysis

From a recent article by the Vietnam Chamber of Commerce and Industry: “Cash remains king in Vietnam but credit card issuers are predicting an imminent boom in the card market with the number of Vietnamese cardholders potentially growing by 10 times the current number of nearly one million. Nguyen Thu Ha, chairperson of the Vietnam … More Payment Card Industry in Vietnam – A Systemic Risks Analysis

Resistance to Shocks Ratings of Market Sectors and Indices

Our Resistance to Shock Rating Robot – try it here – may be used to rate entire sectors and markets. More information may be found here. We periodically rate a few large market sectors as well as market indices. The results are presented in the table below.   Two things stand out clearly. The FTSE … More Resistance to Shocks Ratings of Market Sectors and Indices

Rating a Rating Agency. We’ve Rated Moody’s.

Who rates Credit Rating Agencies? Apparently nobody does. Who rates Moody’s? Standard & Poor’s? Probably not. And who rates Fitch? Moody’s? Unlikely. It is not easy to rate them all as only Moody’s is the only publicly listed one of the Big Three (NYSE:MCO). Standard & Poor’s is an LLC subsidiary of S&P Global, Fitch … More Rating a Rating Agency. We’ve Rated Moody’s.

A Flash Interview with Universal Ratings’ Chairman

Q: What is Resistance to Shocks (RtS)? A: Resistance to Shocks is the capability of a business, a portfolio or a fund, to withstand disruptive and destabilising events in the markets, in the economy and in the geopolitical scenario. Q: How many RtS rating classes are there? A: Conventional ratings have between 20 to 30 … More A Flash Interview with Universal Ratings’ Chairman