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Moody’s Mark Zandi: Economy is being powered by top 20%, backed by bullish stock valuations
In the run-up to the internet bubble, the richest 20% of American consumers made up 50% of spending—boosted by the ballooning valuations of their portfolios.
Moody’s raises Kenya’s credit rating under Ruto
Kenya’s sovereign credit rating has been upgraded by Moody’s, a global ratings agency. This marks a second positive development for President William Ruto’s government within