He estimated that downgrades would outnumber upgrades by 7 to 1 this year, comparedwith a ratio of more than 15 to 1 in 2002. “The situation is improving,but it’s a sign of how bad things have been that it’s almost a reliefto get to this level,” he said.
Hunter said things could have been far worse. The worst-case s
The week on Risk.net, July 7-13, 2018Receive this by email