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Fitch decision to put United States rating down

Fitch Places United States’ ‘AAA’ on Rating Watch Negative

Fitch Ratings-New York/London-15 October 2013: Fitch Ratings has placed the United States of America’s (U.S.) ‘AAA’ Long-term foreign and local currency Issuer Default Ratings (IDRs) on Rating Watch Negative (RWN). The ratings of all outstanding U.S.sovereign debt securities have also been placed on RWN, as has the U.S. Short-term foreign currency rating of ‘F1+’. The Outlook on the Long-term ratings was previously Negative. The U.S. Co…
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mag 16 Oct

It is clear, the question is Moodys and S&P

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mag 16 Oct

Thanks Anna.

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A debt ceiling solution is coming, here is when

Get used to more weeks like this, the fight over US debt will be a long, bitter struggle. As I write this article, it looks like there may be a short term deal to raise the debt ceiling this weekend avoiding financial catastrophe for the time being. A bigger deal is supposedly being negotiated however this row has been on-going for more than two years and so I am skeptical of any grand bargain.
The longer and more bitter the dispute becomes the more difficult it is for either side to eventuall…
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mag 13 Oct

yes, M.D.will indulge, is especulation.

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mag 13 Oct

I agree with all article

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