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Moody’s downgrade

Last Friday, Moody’s announced a change in the outlook of US debt from stable to negative after the market has closed. The reasons they gave were high budget deficits and political polarization. But they still affirmed their AAA rating.
How significant is this in terms of affecting the stock market? We will find out later when the market opens.
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Successful investing is about managing risk, not avoiding it. DYODD Support my YouTube channel: Jay el
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