France Downgraded Below JPMorgan

September 15, 2025 | In this edition of The Institutional Risk Analyst, we ponder the world of credit and investing as sovereign nations see their debt ratings sinking below that of global corporations. Meanwhile, the price of gold is reaching new highs. Then we set up the Q3 2025 earnings of the top-seven US depositories for subscribers to our Premium Service. As we surge into quarter end with equity markets at all-time highs and global central banks turning the money spigots wide open, are inflated financial markets headed for a correction?

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