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In the third episode of Magic Markets, we ask you to touch our junk. Well, our junk bonds. To be more precise, we unpack the role of ratings agencies and why investors use them to rate government and corporate bonds. Join The Finance Ghost and Mohammed Nalla of Moe-Knows.com as we answer these questions: What do ratings agencies do? Why do investors rely on them? What is a downgrade? What is junk status? Are there still investors for junk bonds? What can South Africa do to elevate ourselves out of junk status? This episode is sponsored by Gray Capital, an independent [...]