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Fitch's first downgrade since 1994 sends shockwaves through US stock market

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ProTraderMark joined discussion · Aug 3, 2023 16:10

reaction to the USA credit rating downgrade

reaction to the USA credit rating downgrade $Nasdaq Composite Index (.IXIC.US)$$S&P 500 Index (.SPX.US)$$SPDR S&P 500 ETF (SPY.US)$$Invesco QQQ Trust (QQQ.US)$$...

$Nasdaq Composite Index (.IXIC.US)$ $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $Apple (AAPL.US)$

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73324585 73324585 : Hello

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73324585 73324585 : Hello

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DemotedShade : Going from AAA to AA+ is understating how untrustworthy America is under the current fiscal policy model. Would you invest in a business that has operated in the red for all but 4 years since 1981 and has no plans to change their business model? Would you loan to someone you know with this sort of financial history any money? Probably not if you want it back and especially not without a return.

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