Why America’s Credit Rating Dropped — ft. Scott Goodwin
Prof G Markets
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Impacts of America's Credit Downgrade
This chapter examines the implications of Moody's downgrade of the U.S. credit rating from AAA to AA and its effects on the markets and economy. It contrasts the response of various sectors to fiscal policies, highlighting the challenges faced by renters versus the fortunes of tech stocks. Additionally, the chapter discusses evolving investment strategies in credit markets and the perceived safety of high-grade corporate bonds over U.S. treasuries amidst rising interest rates.
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