bearish
US Downgrade! Now What?
SUMMARY
- Are we back in 2011 or what? After the US debt ceiling drama earlier this year we just witnessed a rating agency downgrading the US exactly like in 2011 – back then S&P, this time Fitch.
- Today you are likely to read plenty of scary and fear-mongering headlines.
- In this piece instead we’ll take a step back and rationally assess what the US downgrade means for investors and markets out there.
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