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Todd Harrison: Have Credit Rating Firms Lost Their Credibility?

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A Fox Business interview with Minyanville's founder and CEO on the floor of the New York Stock Exchange.

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From our office to the floor of the New York Stock Exchange, Minyanville's founder Todd Harrison is always stressing the importance of seeing both sides of the trade. In this interview with Fox Business, Todd discusses whether credit rating agencies may have lost their own credibility after 2008, high-frequency trading, and the difference between a stock market rally and an economic recovery. He also gives his take on social media stocks like Facebook (NASDAQ:FB), Yelp (NYSE:YELP), and LinkedIn (NYSE:LNKD). About trading in today's market, Todd says, "There's no shame in admitting it's hard, only shame in pretending it's not." Check out the interview below, or click here to visit the Fox Business page.





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The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

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