AAA

TurboSalsa

It's the ratings agencies' fault those fast foot delivery loans were marked as AAA.

xploeris

Ubisoft is pretty much AAA shovelware. Synonymous with forgettable, mediocre games.

MrSchmitler

It is 08 in car form, it’s so retarded how agencies refuse to criticize these bonds, tricolors AAA bonds went -90% already, only a matter of time before someone cares enough to look under the hood.

throwingitanyway

start a company named "AAA Defense Contractor", that way when the government looks in the phone book for defense contractors you come up first

AwkwardBet5632

Their recent AAA stuff is already trading at 78 cents on the dollar. Subprime packages are 12 cents.

PashasMom

IMO it's very low-risk. CLOA is very new, so doesn't complete Morningstar data yet, but it's basically a clone of the JAAA fund. Both only invest in AAA rated companies (the most creditworthy). Morningstar rates it as a 7 on a scale of 1 - 100 in terms of risk (1 is the lowest score you can get -- VOO is rated 75 on the risk scale). The price range for CLOA over the past year has been a low 50.61 and a high of 52.12, so you can see the price doesn't fluctuate much.

OrneryZombie1983

My source says AAA rated https://preview.redd.it/yu7t9raeacof1.png?width=348&format=png&auto=webp&s=fa7d572b08da981b28081b70f8d4a31b01d538e2

Independent-Tree-985

> Chinese agency assigns AAA rating to Russian energy giant Gazprom 👀 🤔 so is this why open thinks 'demand will dip' as the news has been touting all morning?

Ch3burashka

You are right that technically the EBRD, as an issuer, has the lower risk of default. EBRD is rated AAA, while Turkey is only BB-. However, in a practical sense there is not much difference between these two bonds, due to the fact that the EBRD is issued in Turkish Lira. If Turkey were to default, the value of the Lira would fall off a cliff, and while you would technically get repaid on maturity by EBRD, the value of what you receive would be a small fraction once converted into EUR. I would speculate that in the event of a Turkish default, a holder of the EUR denominated sovereign bond would be in a better position post- restructuring and able to recover more of their investment. It's very rare for sovereign defaults to completely wipe out investors. Maybe 20% haircut, some extended maturities and delayed coupon payments. Whereas the value of the Lira would likely stay in the gutter for a very long time.

pandymen

Credit rating impacts the interest rate that you are charged. Regardless of your views on them due to the AAA rated house of cards during the GFC, a lower US credit rating has an immediate and long lasting impact.

boxesofcats

Doubtful that they invest in equities. The company will set a strict invest policy for their cash to preserve the capital. It will contain AAA bonds, US treasuries, sovereign debt, cash.  Some companies are branching into crypto. 

ChallengePublic7693

That is true, AAA games have been pumping more brown sludge than a Taco Bell recently.

Rupperrt

He’s downvoted because it has nothing to do with woke. Most games are, some are better, some are worse. Being woke is none of Ubisoft AAA games problems.

WKUTopper

I'll exclude tech stocks since they are subject to too much obso risk over a 20 year period (if I HAD to pick tech stock, I'd probably go with MSFT with it's AAA credit rating). I'll go with BRK, WM or maybe ECL. All are "boring" companies in "boring" industries.

PNW_Trade

Work your way up to fitting AAA batteries in there

Ok_Cry7572

Rough morning. This afternoon, my wife downgraded my AAA rating

Chemical_Zone_5289

Appreciate it. I was also looking into a AAA annuity.

Sea-Put3596

Imo until the top 10 market cap keeps growing on top and bottom line that crazy double digits (larger than ever before) plus with abundance of cash and rock solid balance sheets I think it justifies the higher p/e (one could argue a AAA rated Microsoft bond is safer than some g7 govies).

db_deuce

Short term treasury bills are tax advantaged and returns more. You can get AAA bonds and return way more Anything over 6% does have actual risk, but 4% is criminal and 4% with a steel handcuff is the worst option amount any options. Might as well just put it in HYSA.

IntelDeepInside

What do you use to consume media on your bed? MacBook is peak for light usage like that. Also you can run moonshine and connect to your gaming rig for AAA ultra gaming while still getting 10 hours of battery life with no heat. I haven’t found a better solution for bed tech. If you have any better recommendations let me know

Regardium-Leviosa

Turn your back on AAA and embrace the indie game market. There is plenty for everyone's tastes

Pura700c

100m in mostly AAA rated corp bonds (goog, msft, aapl). Most likely rules based and a tiny fraction of the $1.6b portfolio.

Mr-Brown-Is-A-Wonder

I have been a Root customer. I am switching to AAA. I will be saving money and getting better coverage with lower deductibles. Root started out and cheap insurance with crap service and now they're a premium priced shit show. Enjoy your bag holding.

Burnned_User

Haha no longer AAA+

martinki11

Just like how mortgage bonds were rated AAA by Moodys during the subprime mortgage crisis. All these ratings agencies are corrupt and bought out to uphold an illusion.

Lethalmouse1

I said decent.  Gas, child care, time savings (if the husband isn't trash this can skyrocket beyond a 50K household really).  The impact on behaviors etc.  When having simple broad conversations, and for the autistics that need them hard numbers, you have to do averages of things with metrics for the most part.  An avg commuter job is going to be some $200/month in gas. Or $2400year. A housewife would cut that portion.  The avg childcare for 2 kids runs around 1500/month, or 18K/year.  We are at 20,400.  The impact on most people and cooking food, cheaper food, vs busy workers, and eating at work lunches, etc, is going to be on avg 3-500/month.  Without going much deeper, we hit say, 6K/year.  26,400.  Wear and tear on vehicles is drastically different too. My wife only gets 1 oil change per year roughly. Thats 200+ /year.  But if we go internet simple standard AAA says wear and tear is on avg about .30 per mile.  If we assume 20 mile commute each way, that is 40x5.  That is 3,120 per year in maintenance costs.  $29,520 Rounding, you need in avg $37,500 income to clear 30K.  There are compound effect flowing into things too. When two people go to work for 8 hours, drive 30 mins each way and have to leave with ample time not to be late, that is usually a solid 10 out of 16 waking hours. You come home, rush around, share the house chores. You hire the mechanic, you hire the landscaper, we'll before a solid family would.  This is where a non alcoholic, functional husband is freed to add compound values.  The mistake people make is seeing the perfect alternates. Teachers, are the number 3 millionaire profession for a reason.  If Mrs. Wife, works in the local school district, picks up 40K/year, works the same hours her kid is in school, drives home with the kid, is off during the summer (free child care), is off on the same breaks and holidays (free childcare), and is making a pension job, is still able to do 50-70% of "housewife stuff."  That home makes fucking bank. So they see a dual income household as the answer.  But them Mrs. Dumbass gets a job making 48K working with the no summers off, no holidays off, the miserable schedule, and commutes. Not seeing their kids, and is really loosing money.  So it is not always a 1:1, some work from home jobs today, the part time Church secretary. The Friday night waitress. They all add the same housewife value + some extra income.  But, they don't realize that church secretary working 20 hours a week, 5 minutes from home, with liberal, run out and can take the kid to work during the summer for 4 whole hours at their church... this isn't a warehouse working "independent woman TM".  So the warehouse worker family, she makes 45K, with overtime and can't understand why 28K making church secretary is not struggling.  It's because church secretary still is worth 50K housewife + 28K.  Warehouse mome at 45K, is worth NEGATIVE $5,000.  The pandemic of singles and divorces, etc, also skews comprehension of job values.  But, all the nitty gritty working women, hitting the non- "girly/wife jobs", making 50K or less, are generally worth negative value.  Anything in between gets gray, is "65K" worth it to your stress and quality of life? How much more does a wife who sews something add? Etc... it gets hard to track. (Note the article I linked about about the "invisible economy")  So yeah, at working, 100K hubby and 100K wifey, you start having massive value hiring the landscaper and buying more prepared/restaurant foods etc.  But, most families today are negative money, despite their imaginary paper income.  And finally: >ones in my circle aren’t putting in nearly that much work. Most people are vice riddled pieces of trash. Most husbands are trash, most wives are trash. The wine drinking "Peg Bundy" and a lazy beer swilling Al Bundy, are just pieces of shit. And there is the rub.  If your wife is utter garbage, then she is already worth negative money. So her making 25K at a warehouse is a plus. But you're poor because you are low class trash couple... 

RefreshMints69

Msft credit rating is higher than US Gov AAA

Silly-BambiSlut

But Unity doesn’t make AAA games

abrandis

You put the money on risk free 4%+ treasuries or other mow risk like muno or grade AAA corporate bonds... Sure you won't make possible 7-15% gains but you're also mostly isolated from risk, sure there's inflation risk, but guess what if we have greater inflation than we had ,the entire economy will have a lot greater issues ..

Aggressive-Donkey-10

also look at PAAA run by PGIM - Prudential, paying 5.45% 30 day SEC yield, all AAA, and holds senior triple A compared with JAAA, holding more junior AAA

iyamwhatiyam8000

Stock refugees will seek safer investments during an economic recession but it is highly unlikely to flow into US treasury bonds in the volumes that it has in previous recessions. The debt to GDP ratio will will continue to worsen during an economic recession and US debt will suffer further downgrades forcing yields to rise. Investors fleeing the stock market will seek safe havens but these will be in AAA rated bonds , gold , offshore etc and not shaky US treasuries. Increasing yields push the US closer to default and risk averse investors will look elsewhere to protect their capital.

Aggressive-Donkey-10

PULS SEC Daily Yield (Unsubsidized) as of yesterday 08/15/2025 is 4.48% per PGIM website JAAA per Janus website (As of 07/31/2025)30-Day SEC Yield - 5.32% JAAA will fall with FED Funds as well due to short term variable rate funding, JAAA is >95% AAA rated CLO with no AAA rated default in US history, and during 2022, worst year for Bonds since 1777, JAAA fell 3.2% then gained it back over 15 months. So that's the biggest downside risk. may be another good place to park some cash?

Aggressive-Donkey-10

PULS SEC Daily Yield (Unsubsidized) as of yesterday 08/15/2025 is 4.48% per PGIM website JAAA per Janus website || || |(As of 07/31/2025)30-Day SEC Yield - Without Waivers |5.32%| JAAA will fall with FED Funds as well due to short term variable rate funding, JAAA is >95% AAA rated CLO with no AAA rated default in US history, and during 2022, worst year for Bonds since 1777, JAAA fell 3.2% then gained it back over 15 months. So that's the biggest downside risk. may be another good place to park some cash?

cutiesarustimes2

Everyone in the daily upgraded to AAA, outlook positive 🥰

skimtvernon

Are you effing joking? Dimon directed JPMC quants to engineer a way to dupe rating agencies into rating baskets of subprime mortgages as AAA. He is one of the main drivers of the 2008 crisis. He also looked the other way, (the bank never filed a single SAR) as Madoff ran his Ponzi scheme while using JPMC as his primary bank.

FakeRickHarrison

This is your lucky day: I have a bunch of CCC-based loans I just bundled. These are rated AAA !

Hevens-assassin

So you agree that older than 35 are more or less irrelevant to game devs? Thanks for agreeing with me. 44 year olds aren't chomping at the bit for Microtransactions. Video games, especially these multiplayer ones, are business first. Average gamer age is 36, with recent papers showing that >35 have reduced interest in multiplayer games (especially when excluding parental experiences with kids). So a multiplayer game, aimed at monetization, respectfully, doesn't care about you. You are not their target audience, especially when cosmetics will "ruin" experiences for you. Go play games like Hell Let Loose if you want grounded experiences. If you're going to a mainstream game by a AAA publisher, and you are against fun skins, you are screaming at the void. Half of ALL gamers are over 36. More than 3/4 of in-game spending is below 36. Why would they listen to those who aren't spending?

ambermage

Don't buy Calls until you see the Night Vision video of AAA fire over Washington.

jesperbj

Define "big game". Because yes, Unreal sits heavily, almost exclusively on AAA (major PC/console) games outside of the ones developed in proprietary engines. Now look at where the money is made in the industry. It isn't there. It's on mobile. Which Unity absolutely dominates. Former management failed at monetizing the platform. Communication sucked. They were almost at war with their own customers. New management is completely different. They understand that they need to provide better value in order to charge more. And they're doing that. Vector, the new ad algo, is competitive with AppLovins Axon 2 in terms of ROI. The newest version of the engine (6) is significantly more stable and better performing than previous. Different focus from before of just adding more half-baked features. Also has the highest adoption ever. And don't underestimate the power of "easy*. That's exactly why it's popular - and much easier to learn. There's decades of quality user documentation out there and it's much easier to get into. It's also the only truly multi platform engine. You can literally built for any platform in Unity.

ppkao

Small indie studios typically don't build their own engines unless their lead developer has full reign and wants to do it for the sake of it. This happens way more often than you think it does in the industry. The majority of studios I've encountered, from AAA to a one person team, are poorly managed from a business perspective. But I digress. It's successful studios who ditch Unity for their own in-house engine. They do it because the only way to grow after a certain size is to develop sequels. Why sequels? They're cheaper to make. They have a proven formula and a proven audience. Making your own engine is a growth necessity for these types of games since they have full control over the underlying tech as well as not having to pay for uncontrollable licensing fees.

ppkao

> 70% of all mobile games are made with Unity My point is that while that may be true the mass majority (I forget what the number was but ~90%+) of mobile games made with Unity don't make over $100, and we're talking about lifetime. > "The mobile gaming industry is a massive sector, valued at USD 139.38 billion in 2024, and is projected to reach USD 256.19 billion by 2030, growing at a CAGR of 10.20%. This growth is fueled by the widespread availability of smartphones and the free-to-play model with in-app purchases." How big of that chunk was captured by developers using Unity? Not as much as you'd think. AAA studios make a huge portion of gaming revenue but they prefer to use UE over Unity. Successful indie titles typically adopt the DLC approach and not the ad approach. Ads in games were popular over a decade ago. That's not how big revenue is made in games these days. So even if Vector is technically good (wouldn't bet on this based on their track record), it's still trying to capture a small fraction of gaming revenue. Here's a question for you to consider: Why do you think Unity's previous ad platform failed? And why is it better this time? Incorporating AI doesn't automatically make a platform successful especially after countless devs have been burned by their previous ad tech before. > Yes, teams are getting smaller, because it gets easier and easier to create games thanks to such game engines as Unity, which is one of the most (or even the most?) user-friendly game engine to start game development as a beginner. With Generative AI used within the Unity Engine and creative people who have difficulty programming, I can envision lots of new cool games with new concepts, some probably also going viral on TikTok. Unity would profit from such new games out of which a small amount could be virally successful. That's the dream, and that's the dream I pursued for 10+ years. There *will* be transformative games made by smaller studios and using AI, but you have to understand the indie dev culture. They are not driven by profits. They're driven by creativity and art. It's honestly admirable and I wish my friends in the industry well but the fact of the matter is they **don't make money**. And if they don't make money, Unity doesn't make money. Ad tech or no ad tech. I highly recommend researching revenue models adopted by games in 2025 and the distribution of revenue amongst types of studios and games. The tech here doesn't matter as much as you think.

yodamastertampa

Nope. Not smart. Invest in almost anything and you can beat that. For example JAAA is highly rated AAA bonds that yields 5.76. Try out SPYI for 10% income or MAIN for growth plus income. So many options.

Hwangoutpltr

5'4" and hung like a AAA battery 🔋

PoliticalJunkDrawer

I checked AAA before I posted, but gas here locally is about $2.85, a little cheaper if you pay cash. $3.90 a good price for your area?

qazwer001

even AAA games after Nintendo price hike are cheaper than they were 30 years ago accounting for inflation. I got downvoted for this in pcmr but I would MUCH prefer $100 games being normal if it kept the lootboxes and micro-transactions at bay.

OscarCapac

That's the thing, the western video game industry is in a crisis right now. Unlike a few years ago, the audience for AAA checks if the game is woke (or just bad) before buying. That's why they remove most woke elements from the trailers now I think a good amount of casual gamers and fans will disregard the signals and still buy it. Maybe 2 or 3 millon copies sold and then sales will fall off. Then sales will stop, the studio will have to publish the losses and the stock will tank. It happened to every woke sequel, literally 100% certain (if we assume GTA6 indeed is woke... Which is pretty much guaranteed)

Mr-Brown-Is-A-Wonder

FWIW, I'm canceling my root policy. They jack up rates faster than chipotle. I can get coverage from AAA for the same price now.

Due_Arm1563

Dude had triple AAA hands 🙌.bless up 🔝 G take profit

danteselv

Making 50k and then instantly putting it all at risk again is just a poor decision you made. Anyone who makes poor decisions will lose money. This sub is starting to feel like a AAA meeting.

SideBet2020

You get a triple A and you get a triple A. AAA for everyone!

trondergr55

I don't know about the UK State pension risk management rules, but pensions often have rules that limit their options to "safe" AA or AAA bonds.

IncomingAxofKindness

National gas price is 3.17 per AAA

creemeeseason

Kingsway Financial Services Inc. (NYSE:KFS) the only publicly-traded US company employing the Search Fund model to acquire and build great businesses, today announced the acquisition of AAA Flexible Pipe Cleaning Corp ("Advanced Plumbing and Drain"), a leading commercial and residential plumbing services business located in Cleveland, Ohio. Advanced Plumbing and Drain is the second business operated under the Kingsway Skilled Trades platform.

floo82

If you're current or former us military or related to someone who is, you can get USAA the cheapest insurance in America. Free AAA and legal representation too

jnas_19

"but overlook that it could result in a **lower** price tag" I swear I heard that before somewhere.... I agree with a lot of your points, especially on it being to early to tell and it being a tool to cut dev time. But I'm skeptical in AI innovating as fast as it is now and very skeptical AI is gonna turn your AA game/studio to triple AAA. In its current state it is nowhere near doing that and while yes it will improve overtime do not count on greedy triple A studios or lazy ass dev teams like Game Freak handling it correctly/appropriately. People want Ready Player One, that enough is clear but it will not be nearly as smooth or as quick as some AI enthusiastic hope it would be.

motorbikler

It could be, it could be. My understanding though is that it's consistent for _minutes_ at a time right now. Maybe they can get there with scaling. Or maybe it's like saying, we've built a car that can drive from New York to LA, so clearly all we have to do is scale it up to make it to Mars. The problems can be quite different. My general take on AI stuff is this: low-quality content has always been there. Pulp paperbacks, B-moves (mockbusters even), low quality TV shows on cable networks. They have their place but haven't yet taken the place of high-quality, intentionally produced media. AI's big lie is that it's somehow going to take the place of _exceptional_ entertainment by generating stuff that is basically an _average_ of its output. At best it's going to replace the low-quality stuff, and our current low-quality entertainment is already cheap to produce, arguably cheaper than AI use is at the moment. Games are no different. Story, world building, and especially _level design_ are skilled art forms that differentiate good games from bad ones. There have always been bad games, even bad games with AAA graphics but level design just isn't there. And procedurally generated levels have existed since the beginning of games. Sometimes it works, sometimes it doesn't. Often it feels hollow, so it's well suited to games that are run and gun with short rounds, but not for immersive environments and story telling. So I don't know. They're going to crank out nonsense an expect it to displace the best stuff? Are we going to generate bespoke games for individuals? If you defeat a level 78 dragon lord after collecting all the weapons and armour and doing all the side quests in a game _nobody has ever heard of_ because it was generated just for you, did it really happen?

reaper527

> The generated content is very unpolished and games are already buggy enough, any sane person will not pay a high price tag for AI generated slop unless your a COD fanboy. this is incredibly short sighted. it overlooks 1. ai is constantly and rapidly improving 2. not all ai is created equal (there's a big difference between the free models which are old tech vs the cutting edge stuff major studios would be using 3. it's not "all or nothing". ai can handle a lot of the mindless grunt work freeing up humans to work on stuff that needs a human eye 4. this could cut dev timelines to shreds. many major ip's get 1 new mainline game per console generation (or worse. we're on the 3rd generation of GTA5 systems) 5. the lower dev times and smaller teams possible with ai means AA studios can make stuff on par with current AAA stuff 6. not all game genres are equal, and some are a better fit than others. ai would be a revolutionary change for rpg's or a gh/rb revival (as it could chart the songs for the dlc they sell, allowing them to have A LOT more stuff in the library)

dustnbonez

Notable Misses or Inaccuracies from Moody’s (or similar models) 1. 2008 Financial Crisis • Moody’s (and others) underestimated the risks from subprime mortgage defaults. • They rated many mortgage-backed securities as AAA, which later turned toxic. • Their macro model didn’t anticipate the systemic collapse triggered by financial derivatives and shadow banking. 2. COVID-19 Recession (2020) • Almost no model predicted the sudden economic shutdowns due to a global pandemic. • Moody’s models didn’t account for a black swan event like COVID, so their early 2020 forecasts were overly optimistic. 3. Post-COVID Inflation (2021–2022) • Many models, including Moody’s, underestimated the persistence of inflation and the aggressive interest rate hikes that followed. • They expected inflation to be “transitory” — a word that aged poorly. 4. Soft Landing in 2023–2024 • Some iterations of Moody’s model predicted a recession by late 2023 or early 2024 due to aggressive rate hikes by central banks. • That recession did not materialize — the U.S. and Canadian economies proved more resilient than forecasted.

SShiney

Trusting the same people who rated Ninja Loans AAA...

Unique-Zombie219

It’s total hindsight bias and BS everyone “knew what would happen, especially the extent. I was on Whole Mortgage trading desk at a big 4. We knew some of the underlying assets were shit. We did not know what would happen. Hell, at least the banks and firms were selling swaps of AAA to A tranches to finance their swaps on the BBB to shit tranches. Obviously those triple AAA to A positions ended up being the biggest loss leaders for GS, Lehman, CS, etc. Especially GS I think. If they knew, they would not have held those positions.

Unique-Zombie219

It’s total hindsight bias and BS everyone “knew what would happen, especially the extent. I was on Whole Mortgage trading desk at a firm 99% you have heard of. We knew some of the underlying assets were shit. We did not know what would happen. Hell, at least the banks and firms were selling swaps of AAA to A tranches to finance their swaps on the BBB to shit tranches. Obviously those triple AAA to A positions ended up being the biggest loss leaders for GS, Lehman, CS, etc. Especially GS I think. If they knew, they would not have held those positions.

Significant-Sport-24

I thought maybe we could then package the burrito debt from lower credit score individuals as tranches into larger burrito debt obligations and still get AAA ratings from rating agencies. Sounds like a good idea

smart_doge

Miss the DDs from then, they were AAA rated research.

PomegranatePlus6526

JAAA. It’s a low risk fund made up of loans with AAA credit rating. Pays about 6% annual yield on a monthly basis. It’s very safe and conservative. I trust it more than treasury bonds. You can also try JBBB. A little more risk, but also more yield closer to 8% paid monthly.

ThreeSupreme

**Creditworthiness and Global Confidence** Rising federal debt can erode confidence in the U.S. government’s ability to meet its obligations, which in turn places downward pressure on the dollar. On May 16, 2025, Moody’s downgraded the United States’ sovereign credit rating one notch—downgrading it from AAA to Aa1. And in doing so Moody’s became the last of the three major credit rating agencies to strip the U.S. of its top-tier triple AAA status. **Recent Credit Rating History** 1. Standard & Poor’s first cut the U.S. to AA+ in August 2011. 2. Fitch followed with a cut to AA+ rating in August 2023. 3. Moody’s downgrade of U.S. debt in May 2025 to Aa1 aligned its rating with earlier rating downgrades. While the dollar remains the world’s primary reserve currency—used in nearly 90 percent of global FX transactions and accounting for about 58 percent of foreign exchange reserves—it has lost ground over the past two decades as U.S. government debt has surged. Between 1999 and 2024, the dollar’s share of global reserves fell from over **70 percent to 58 percent**, even as U.S. gross debt climbed from 38 percent to well over 100 percent of GDP. **BIS Reclassification of Gold and Its Implications** In early 2025, the Basel III framework update gave **gold a zero-risk weighting** —putting it on par with the US dollar and US Treasuries in central banks’ Tier 1 capital calculations. This change removes a regulatory barrier that previously made gold a “less attractive” reserve asset. With **gold’s new Tier 1 status**, more central banks have the regulatory green light to now expand their bullion holdings as zero-risk capital. As of Q1 2025, central bank gold reserves hit fresh highs, and **95 percent** of surveyed institutions expect peers to raise gold allocations over the next year.

dandism_life

So then we take all these different BB , BBB crypto loans and package them together into what we will call a CCDO (Crypto Collaterized Debt Obligation). Now suddenly, the investment is diversified, and we will have it assigned a AAA rating.

Zeppu

Boomers love AI, especially those cringey AI faces. I think it's because they can't tell the difference from real ones. Their brains just aren't trained by AAA games to spot the fakes

StaticSystemShock

Of course he credits himself. Trump is a AAA narcissist. Entire visible universe known to mankind revolves around him.

dansdansy

Yeah I don't know man, I still remember how those totally legit AAA MBSs were treated by the banks. The audits on the currency backing for the coins better have actual teeth or we're in for a similar risk here.

greytoc

Thank you for sharing that information. This implies that fund managers have already been able to design funds with private market allocations. A 10% allocation (depending on target date) seems reasonable to me. The Apollo fund mentioned appears to be Apollo's AAA fund which is an existing fund. Do you have a link to that fund? I searched the Apollo site and I can only find information about the non-US offerings. The holdings themselves don't look particularly controversial.

intermarketflow

Sounds solid. Compare it to buying AAA bonds with high coupons. As long as your mom doesn’t sell, she shouldn’t have any issues. With these rates, high coupons are attractive.

Grouchy-Stretch-6517

But certain institutions (like Japanese and HK pension funds) have requirements that a certain amount of their holdings be AAA bonds. (Not legal requirement, their own mandate). These funds may decide to drop US bonds to decrease exposure to AA graded bonds, which may cause a sell off from these funds. But if the grading is lower as well it reflects risk, which naturally means you'd want more reward which then equals a higher cost of capital filtering into the system (since the yield is the reward). But inflation is biting, and the job market is still churning whilst GDP has dropped, so it's likely the base rate would go up before Bessent gets shoehorned in. Which then means a higher cost of capital to tame inflation and cool the job market. An inflationary environment, with a devalued dollar, a downgraded credit rating which may instigate further sell offs and tariffs increasing on August 1st as it stands. Bonds are one piece of the puzzle but believing that credit works different for the US is exactly the type of thinking that lost people their homes and jobs on 2008 when credit collapsed.

Peterd90

I think 10 and 30 year rates spike, dollar and all US asset prices fall over time as there is no longer rule of law and US debt burden gets worse and worse. Pre-tarrif allies like Japan, EU and Canada, who are facing 35% tarrifs, sell a big chunk of their US treasury holdings, putting more down pressure on USD and higher long-term term rates. Bitcoin, gold, AAA corporate short term credits, silver, copper, rare earth minerals and metals and of course Berkshire Hathaway with $348 billion in cash to invest if the market tanks. If you are real doom and gloom: SPXS.

on_the_comeup

NBIS!!! Finally got that AAA analyst rating!

vr0202

AAA.

k0unitX

Why does everyone seem to think there are no financial products between T-Bills and the S&P500? There are dozens of options, like AAA-rated CLOs or preferred equity like STRD, that provide return way better than the risk free rate while taking on only the slightest amount of risk. It has been *impossible* to sell something like $JAAA "at a loss" post-2008 GFC. It rally seems to me a bunch of nervous nellies trying to keep the rest of the crabs in the bucket. Sorry but my portfolios manage 30%+ returns every year and no weak minded person can convince me to waste my capital by letting ANY of it sit in a HYSA. You might think I'll get destroyed in a downtown, but I made money in 2022 and early this year as well. Whoops.

jefbe80

Highness Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum of the Dubai Royal Family Appointed to Board Of Directors Merger Adds Billions of Dollars in Gold-Based Assets to Above Food's Balance Sheet, Positioning the Company as a Global Leader in the Issuance of Stablecoins and Asset Tokenisation with Considerable Recurring Revenues Regina, Saskatchewan--(Newsfile Corp. - July 7, 2025) - Above Food Ingredients Inc. (NASDAQ:ABVE) ("Above Food") is pleased to announce that it has executed a definitive business combination agreement ("Merger Agreement") with Palm Global Technologies Ltd. ("Palm Global") effective July [7], 2025. Under this agreement, Above Food and Palm Global will combine (the "Merger") through a statutory plan of arrangement in Above Food's domestic jurisdiction. The proposed transaction has received unanimous approval from the boards of directors of both Above Food and Palm Global. The reverse takeover merger is poised to transform Above Food, adding Palm Global's 30% stake in the Palm Promax Investments ("PPI") joint venture onto its balance sheet. This includes Palm Global's share of PPI's $350 billion valuation of U.S. situated gold-based assets. Under the terms of the Merger, Above Food will acquire Palm Global, with the latter's shareholders receiving a total of 1.1 billion shares in Above Food in exchange for their existing holding. Through this Merger, Above Food is positioned to become a market leader in the tokenization of real-world assets and the issuance of stablecoins, underpinned by its unequalled access to over $1.5 trillion of diverse AA- and AAA-rated sovereign-owned assets via its joint venture partner, Promax United. Amid the recent global focus toward establishing stablecoin standards, underscored by the passage of the GENIUS (Guiding and Establishing National Innovation in U.S. Stablecoins) Act in the U.S. Senate, alongside corresponding legislation such as MiCA (Markets in Cryptocurrency Act) in the EU, draft regulations in the UK, and the Stablecoins Ordinance Regime in Hong Kong, PPI is positioned to emerge as a global leader in both the issuance of stablecoins and the establishment of central bank digital currency frameworks for developing nations, with over 15 sovereign partners already committed to the initiative. Transaction Benefits to Above Food Transformative and immediate uplift in Above Food's balance sheet through Palm Global's 30% ownership of PPI and its $350 billion valuation of gold-based assets; Direct access to over $1.5 trillion of sovereign-owned assets to tokenize, leading to significant recurring long-tail income streams; Equity partner and technology provider in venture set to become a market leading issuer of stablecoins and multinational central bank digital currencies, facilitating the generation of considerable revenues; Accelerated growth in agricultural and food product revenue and margins through immediate entry into new markets and strategic trading partnerships; and Joint ventures and partnerships with ruling sovereign families and world renown global institutions.

BanditoBoom

Yeah, up until like 2022 the CEO at the time was trying to take the brand into crypto and online gambling…just eroding the brand and screwing things up while cashing checks. New CEO Wade Rosen comes from a billionaire family in the US, has started and grown multiple businesses, has experience in the retro gaming space, and when he came on board has just been TOTALLY ripping the bandaid off of all the crap from prior CEO. Net effect of which has shown the highest revenue in over a decade this past fiscal year, while running a paper loss from write downs on the balance sheet to accelerate the losses from prior CEO. They have bought back a significant portion of Atari’s IP, have bought 2 niche gaming studios that do incredible work, and have been quietly releasing banger titles again. While not AAA games, they are often very well received and have much lower development cost = higher profitability.

SpiderPiggies

Don't forget to slap a AAA rating on those before handing them off to a pension fund looking to 'diversify assets'.

Beautiful-Parsley-24

On a loan - $25k at 4% for 1 year? 1-year Corporate (A rated, AAA is the highest paying 3.97%) are trading at 4.31%. So, if you're okay with that credit rating you could in theory arbitrage. But look the fine print - many personal loans specifically disallow buying investments. That could cause tax problems - if you borrow at 4% to lend at 4.31% you want the IRS to allow you to deduct the interest you pay from the interest you earn.

Brokenandburnt

And highest private debt, card debt and defaults.\ Credit scores got pushed artificially higher during Covid. Lots of subprime loaners suddenly got access to bigger loans.\ But banks would never bundle those with good debt, call it, I don't know. Mortgage back securities and slap an AAA rating on it.\ This is disturbingly similar to 2006-07.

Efficiencythird

Well the current catalogue are indie games after all... they are not AAA and the budgets allocated to this were related. This is the moment the company will start to be involved in AAA games.

Venice_LA

yea who needs risk premium. You have the same credit worthiness as first tranche AAA corporate bonds

Jbball9269

It’s useful to have knowledge of even if you barely use it, can provide context for how your investments are doing. I can change a car tire but that doesn’t mean I won’t call AAA if I get a flat 😂

zephyy

>Moody's, which rates bonds, was the final of the three credit rating agencies to downgrade U.S. debt from AAA, citing efforts to pass the bill.[112] adding $5 trillion to the debt doesn't sound great

ZoomBoy81

Certified Australian AAA prime cut, VVS.

Dukealmighty

I disagree, competition is far from fierce for high quality RPG single players games. We have shitload of shitty co-up shooters, arena shooters and survival games, but good AAA single player come out maybe once every 2 years, because there are very few studios who got the budget, talent and balls to pull that off. And boycott have never worked in gaming history, Can you name one successful boycot, because I can't ? Internet tried to boycot Hogwards Legacy (Harry poter AAA) and it sold 34 mil copies. People tend find scapegoat for poor sales and attribute that to boycott, when in fact their game didn't sell, because it was bad. Gamers don't care about politics, they just want to have fun games.

Zuitsdg

2027 - or maybe 2028 for Witcher 4 I started investing before Cyberpunk release and also made massive profits on the way. I wrote some analysis on GetQuin - but basically I think, they might be able to starte releasing AAA RPGs (bi-)yearly end of this decade 2028 W4 2029 Orion 2030 W1 RM 2031 W5 2032 Hadar 2033 W6 And the molasses floods, another 3rd party are not even included. W5 and W6 were announced to be released within 5 years or so of W4. We might also get some Expansions, and hey might go slowly towards multiplayer (was cancelled for cyberpunk) As an investment I like that they basically have no debt, growing revenue and margins and a Very nice approach.

eutohkgtorsatoca

I was very happy today. I found C$ 2.29 per one pink Grapefruit from South Africa at my local Chinese AAA store. So much more juicy and refreshing than six pieces from Israel or California at Costco for 12.99 less the fuel to drive there and all the usual extra impulse shopping. I think since this all started we have managed to stay away from 99% of anything made in USA even oranges. We only buy it from elsewhere like OZ otherwise we can live without Florida grown pests.

InternalVolatility

Saw a massive volume and price spike this week, caught my attention. They do what AAA does for insurance and rental fleets, industry has consistent growth, and their operation is getting better and better. Huge risk but even bigger reward.

TheSleepyTruth

Government or AAA corporate bonds probably your best bet.

Willing-Tank5563

RDZN is going to be a MASSIVE beat on earnings with guidance GOING THROUGH THE ROOF with the new Amazon partnership and their existing AAA partnership - not counting the fact that this is an international company with commercial clients globally that will continue to grow. The more companies they work with; the better their AI will get. The better their AI gets, the more companies they will work with. How can you lose again?

cryptoislife_k

WSB moodys verdict: AAA+ retard rated

Infrastation

If you have it backed by multiple cryptos, well, that's diversification. There's no way the mortgage market will be affected by some sort of system downtown with that level of diversification! It's basically AAA.

Few_Night7735

Collateralized loan obligations (CLOs) had nothing to do with the 2008 crisis. CLOs are corporate credit from AAA to junk rated. It was collateralized debt obligations (CDO’s) that were the problem in the GFC.

SECdeezTrades

100% the iranian parliament just started the path that'll lead to the downfall of the current president / ayatollah. Iranian parliament has very little real power, some of them definitely know this vote is going to lead to a revolution against the powers that be by the Iranian people once we watch every Iranian naval asset get sunk probably faster then the last go around in the 80s. Most dangerous asset in the mideast theater to US naval strike fighters is US naval AAA. It's gonna be a turkey shoot.

ForestFyre

I have noticed a correlation to helicoptering and high quality comments (this is why my comments are all AAA+ dirt rated)

ThisIsKev

AAA+ rated meme. I found the dusty ole save button for this.

Traditional_Hair_453

Oh my fuckingggg GODDODODODOD TSLAA AAA A DUMP U FUKKK

ComprehensivePoint0

This reminds me of The Big Short. The specific scene involves Mark Baum (played by Steve Carell) and his team. They go to a meeting with a rep from one of the big banks — I believe it’s a Standard & Poor’s executive (or someone from a ratings agency). Mark is livid because the mortgage-backed securities (MBSs) and collateralized debt obligations (CDOs) are clearly failing, but the ratings agencies haven’t downgraded them. They’re still rating garbage as AAA. In that scene, the banker (or ratings rep) admits something that should be illegal: if they start telling the truth and downgrading these securities, the banks will just take their business to a competitor — because in the warped logic of 2008 finance, truth lost to profit. The agencies were paid by the banks whose products they rated, so of course they rubber-stamped the junk. I know that was a housing market and today is a whole different storm, but the underlying theme here is: the guys with money are going to make sure to drag their feet to make as much money as possible