U.S. Debt Downgraded –

Standard and Poor’s lowered the U.S. credit rating to AA+ and also attached a negative outlook.  The U.S. has held a triple A credit rating for 70 years and the downgrade is likely to have a negative effect on the financial markets.  Moody’s and Fitch ratings still have U.S. debt at the highest credit rating.  

To read a related Wall Street Journal article, please click here:


Jim Sutliff

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