US Loses AAA Rating & S&P 500 Record 'Inevitable'
Bloomberg Daybreak: Europe Edition
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The Impact of the Fitch Ratings Decision on the US Economy
Only 11 countries are triple A rated across the three main rating agencies. Janet Yellen and many others are critical of this saying that this doesn't reflect the reality of the US economy. Former Treasury Secretary Larry Summers called it absurd. Muhammad L. Aaron, who is a Bloomberg opinion columnist here, said it's much more likely to be dismissed by markets than have a lasting impact.
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