Morgan Stanley predicts another credit downgrade is here.

Morgan Stanley analyst Christine Tan predicted earlier this month that there was now a one-in-three possibility of another US credit rating downgrade.

"If the super committee fails to reach a $1.2tn deficit reduction deal, if such a deal relies more upon accounting changes than real deficit reduction, or if congressional action lessens the impact of the $1.2tn automatic trigger, we believe this could potentially provide S&P with a pretext to downgrade the US further from AA+ to AA," Tan said.

[link to presstv.com]

Bankers/lone-sharks tell us it will happen...