Capitol Hill Insurrection And Fiscal Concerns Drove Down US Credit Rating, Fitch Director Says
Fitch Ratings downgraded the U.S. credit rating from AAA to AA+. Richard Francis, a senior director at Fitch…
JPMorgan CEO Jamie Dimon Says Economic Storm Clouds Remain Because Of These ‘Two Things,’ But That Doesn’t Mean You Should Worry
Last year, JPMorgan Chase & Co (NYSE: JPM) CEO Jamie Dimon predicted that a "hurricane" was coming. He later said he saw storm clouds forming.
Fitch Slashes US Credit Rating: 5 Top Economists Weigh In On Economic Fallout
In a move that sent shockwaves through global markets, Fitch Ratings downgraded the United States’ sovereign credit grade…
Stock Futures Dive After Fitch US Downgrade: Why This Analyst Forecasts ‘Pretty Painful’ And ‘Tricky’ August
Fitch's downgrade could set forth economic fears that has so far remained an undercurrent and impede the recent market momentum.
‘Fitch Downgrades The United States’ Long-Term Ratings To ‘AA+’ from ‘AAA’; Outlook Stable’ – Fitch Ratings
https://www.fitchratings.com/research/sovereigns/fitch-downgrades-united-states-long-term-ratings-to-aa-from-aaa-outlook-stable-01-08-2023#:~:text=Fitch%20Ratings%20%2D%20London%20%2D%2001%20Aug,been%20affirmed%20at%20&#
Hot On The Market: 5 ETFs In The Spotlight As Key Jobs Data Unfolds This Week
The July labor market report takes center stage this week. Investors and markets brace for significant economic releases…
September Rate Pause Odds Soar As Wall Street Economists Forecast Weaker Outlook
While Fed Chair Jerome Powell did not rule out another increase in interest rates, investors’ bets on a…
US Manufacturing PMI Misses Expectations: Softening Labor Market Conditions Raise Slowdown Fears
Economic statistics released on Aug. 1 delivered unwelcome news of a slower-than-expected rebound in the U.S. manufacturing sector,…
Nasdaq, S&P 500 Futures Pullback After Strong July; Why This Analyst Recommends Staying Fully Invested
U.S. stocks could reverse course on Tuesday as traders prepare to receive a barrage of earnings reports and…
US Stocks Brace For Sluggish Start To Fresh Week: Analyst Explains Why Current Bull Market Rally Is Sustainable
After a strong week, US stocks could pause as traders look ahead to some key tech earnings and labor market readings.