The CFA Society Los Angeles asks
Before 1 January 2018, will Fitch, Moody's, or S&P cut the State of Illinois’ credit rating to junk status?
Started
Jul 11, 2017 05:00PM UTC
Closed Jan 01, 2018 07:59AM UTC
Closed Jan 01, 2018 07:59AM UTC
The question will close yes if Moody’s cuts its credit rating to Ba1, Fitch cuts its rating to BB+, or S&P cuts its rating to BB+ on any Illinois state general obligation bonds. Despite passing a budget, the state of Illinois remains at risk of having its credit downgraded to junk status (Market Watch, Chicago Tribune).
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Fitch, Moody's, or S&P did not cut the State of Illinois credit rating to junk status. This question closed as "no" with an end date of 1 January 2018. See our FAQ to learn about how we resolve questions and how scores are calculated.
Fitch, Moody's, or S&P did not cut the State of Illinois credit rating to junk status. This question closed as "no" with an end date of 1 January 2018. See our FAQ to learn about how we resolve questions and how scores are calculated.
Possible Answer | Correct? | Final Crowd Forecast |
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Yes | 8.00% | |
No | 92.00% |
Crowd Forecast Profile
Participation Level | |
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Number of Forecasters | 363 |
Average for questions older than 6 months: 206 | |
Number of Forecasts | 688 |
Average for questions older than 6 months: 586 |
Accuracy | |
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Participants in this question vs. all forecasters | average |