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Nike Air Max Trainers finds evidence of interdependence in rating
This paper analyses lead–lag relationships in sovereign ratings across five Nike Air Max Trainers agencies, and finds evidence of interdependence in rating actions. Upgrade (downgrade) probabilities are much higher, and downgrade (upgrade) probabilities are much lower for a sovereign issuer with a recent upgrade (downgrade) by another agency. S&P tends to demonstrate the least dependence on other agencies, and Moody’s tends to be the first mover in upgrades. Rating actions by Japanese agencies tend to lag those of the larger agencies, although there is some evidence that they lead Moody’s downgrades. New measurements of permeability from 14 samples of impact breccia in meteorite Nike Air Yeezy 2 impact craters all indicate values of 1 mD or lower. These values are low and suggest that fluid flow through impact craters, evidenced by hydrothermal systems in numerous craters, is predominantly through fracture systems. Mineral precipitation by circulating fluids would eventually seal the fractures. The focussing of hydrothermal fluid flow in fractures emphasizes their importance as potential sites for microbial colonization, and suggests that the sealing minerals are good targets to search for evidence of life.