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The Water Cooler
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US debt just downgraded
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<blockquote data-quote="SlugSlinger" data-source="post: 4085684" data-attributes="member: 7248"><p>And I’m sure most media outlets will positively spin it. This is bad!</p><p></p><h2>U.S. Debt Downgrade</h2><p>Fitch downgraded the U.S. sovereign long-term debt rating to AA+ from AAA, citing a growing debt burden, fiscal deterioration and eroding governance. The credit-ratings agency put the U.S. rating on downgrade watch in May during the debt-ceiling crisis.</p><p></p><p>Fitch now has the same U.S. credit rating as S&P Global Ratings, which downgraded the U.S. in 2011 after another debt standoff.</p><p></p><p></p><p>[URL unfurl="true"]https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-us-debt-downgrade-amd-elf-lead-earnings-movers/[/URL]</p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 4085684, member: 7248"] And I’m sure most media outlets will positively spin it. This is bad! [HEADING=1]U.S. Debt Downgrade[/HEADING] Fitch downgraded the U.S. sovereign long-term debt rating to AA+ from AAA, citing a growing debt burden, fiscal deterioration and eroding governance. The credit-ratings agency put the U.S. rating on downgrade watch in May during the debt-ceiling crisis. Fitch now has the same U.S. credit rating as S&P Global Ratings, which downgraded the U.S. in 2011 after another debt standoff. [URL unfurl="true"]https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-us-debt-downgrade-amd-elf-lead-earnings-movers/[/URL] [/QUOTE]
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