Question: Please answer urgently the following question : Based on similar information and a similar rating scale, Bank Alpha and Bank Beta have assigned different ratings
Please answer urgently the following question :
Based on similar information and a similar rating scale, Bank Alpha and Bank Beta have assigned different ratings to the same company. In fact, the rating issued by Alpha, AA, is considerably better than the one issued by Beta (BBB) . Alpha rates through the cycle while Beta rates point in time.
Why this explains that the economy is in a recession ??
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