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Todd Harrison: Have Credit Rating Firms Lost Their Credibility?


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

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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