America’s Credit Rating Went Down. So What?
Slate Daily Feed
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Does Fitch's Downgrade Even Matter?
There's a lot of information in that downgrade that is useful, but all of it was priced into the market. What Fitch did was they articulated a series of worries around the sovereign finances of the US government. They were worried that deficits are going to be increasing for the foreseeable future. And I can kind of see where they're coming from. All of this is true.
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