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Old 08.02.2023, 11:47 AM   #973
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yah... but i think it's a fair downgrade perhaps. and don't miss the part where equities (stocks) actually had a sellof.

anyway i found the actual source! check it for truthiness:

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RATING ACTION COMMENTARY

Fitch Downgrades the United States' Long-Term Ratings to 'AA+' from 'AAA'; Outlook Stable
Tue 01 Aug, 2023 - 5:13 PM ET

Fitch Ratings - London - 01 Aug 2023: Fitch Ratings has downgraded the United States of America's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'AA+' from 'AAA'. The Rating Watch Negative was removed and a Stable Outlook assigned. The Country Ceiling has been affirmed at 'AAA'.

A full list of rating actions is at the end of this rating action commentary.

cont:

https://www.fitchratings.com/researc...ble-01-08-2023

i agree with a lot of what it says there. it is not the end of the word but there are serious concerns.
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