American ratings

The US National Credit Rating last night
Downgraded to AA+ by FitchRating
Before it was Invincible AAA

As a result, global stock markets plummeted

Seeing international media call “Black Wednesday””
” A black swan appears! ”

Actually, this isn't the first time that US government credit has been downgraded
It was downgraded by S&P over 10 years ago, also AA+

Moreover, FitchRating already warned the US government in May
Treasury bonds continue to expand, and Congress often has to debate whether to raise the upper limit
It will lead to a possible risk that Default won't have money to pay off debts
They will downgrade America's credit at any time
Since it's already been warned and it's not the first time

In terms of finance, this isn't a black swan
A black swan is a sudden unfathomable bad thing
It's just a gray rhino
A gray rhino is a potentially bad thing you already know

In just one day, everyone forgot if this one was a rhino or a bull
Anyway, rhinos also have male ones
Use rhinos as bulls
A sharp drop is treated as an opportunity

Now in the first half, the US stock market has “miraculously” climbed up again

Maybe it also has something to do with Apple's announcement of results after tonight
Everyone forgot whether it's a swan or a rhino
They all looked at whether it was a brown bear eating an apple
Or are the Mad Cows of the West pushing the apple trees?

It's not about the human stock market; it's just about animals