Bloomberg Daybreak: Europe Edition cover image

US Loses AAA Rating & S&P 500 Record 'Inevitable'

Bloomberg Daybreak: Europe Edition

00:00

The Downgrade of the US Credit Rating

Valerie Taitel: It's great to focus on the brains of Britain and maybe a great British chess revival. But what about other, you know, broader skills for UK workers? Well, let's turn next to the decision by Fitch ratings agency to downgrade the US credit rating from AAA to AA plus. She asks why has it happened now after we saw the debt sitting where I resolved in June?

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