Republican Chaos Is to Blame for the Fitch Downgrade https://newrepublic.com/article/174808/republican-chaos-blame-fitch-downgrade #GOP #finance #Fitch #politics #USpolitics #debtceiling
#gop #finance #fitch #politics #uspolitics #debtceiling
List of countries with AAA credit rating gets smaller after last week
"It is praiseworthy that Fitch could do this as it shows their independence." (Paraphrased)
Enjoying this POV from India of Fitch’s US credit downgrade and the possible #geopolitics causes and impacts from this.
#geopolitics #india #economics #finance #fitch
Let’s say it clearly:
Irresponsible #Republican budget antics in the congress caused the #US to lose its AAA credit rating.
h/t @TheBradBlog & @GreenNewsReport
#uspol #uspolitics #MAGA #idiocracy #politics #extremism #fitch #CreditRating
#republican #US #uspol #uspolitics #MAGA #idiocracy #politics #extremism #fitch #creditrating
Asian stocks remain low
Fitch downgrade sparks profit-taking
Eye on earnings news
#asianstocks #wallstreet #fitch #earnings #haiku #poetry
https://www.reuters.com/markets/global-markets-wrapup-1-pix-2023-08-03/
#asianstocks #wallstreet #fitch #earnings #haiku #poetry
Could a Bitcoin bull run be triggered by Fitch’s US credit rating downgrade? - Fitch downgraded the US credit rating due to its government debt ... - https://cointelegraph.com/news/could-a-bitcoin-bull-run-be-triggered-by-fitch-s-us-credit-rating-downgrade #downgrade #treasury #markets #moodys #fitch #cds
#cds #fitch #moodys #markets #treasury #downgrade
« #Fitch downgraded its #CreditRating for the U.S. government, from AAA to AA+, two months after the debt-ceiling crisis was resolved. “In Fitch’s view, there has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters,” the rating agency said Tuesday. Fitch said the U.S. appeared to suffer from an “erosion of governance,” pointing to the #Washington #brinkmanship over the #DebtCeiling as an example.»
#fitch #creditrating #washington #brinkmanship #debtceiling
Since #Fitch #CreditRatings are BACK in the news, it’s a good time to toot this commentary “Chemical Eye 👁️ on Bond Ratings” 👉 http://www.corpse.org/index.php?option=com_content&task=view&id=312&Itemid=57#Ratings
#fitch #creditratings #chemistry
On Tuesday, #Fitch became the second major agency, after Standard & Poor's in 2011, to strip the US of its prized triple-A credit rating, chart @a_coops1 @ReutersBiz https://tinyurl.com/275yr3d8
Fitch downgrades US debt
Asian markets tumble, despair
Governance fails once more
#asianmarkets #fitch #usdebt #governance #haiku #poetry
https://www.cnn.com/2023/08/02/investing/global-markets-reaction-us-debt-hnk-intl/index.html
#AsianMarkets #fitch #USdebt #governance #haiku #poetry
Debt ceiling crisis past
Yet credit rating downgrades last
A challenge yet to come
#usdebt #fitch #creditrating #haiku #poetry
https://www.nbcnews.com/business/economy/fitch-downgrades-us-credit-rating-rcna84051
#USdebt #fitch #creditrating #haiku #poetry
White House blames GOP after Fitch downgrades U.S. credit rating
#WhiteHouse #GOP #Fitch #USCreditRating #BlameGame #EconomicPolicy #Politics #News
#whitehouse #gop #fitch #uscreditrating #blamegame #economicpolicy #politics #news
Money slips away fast
U.S. credit rating dips low
Fitch makes its call
#fitch #uscreditrating #downgrade #haiku #poetry
“Donald Trump’s attempt to overturn the 2020 election and growing political polarization in the US contributed to an ‘erosion of governance’ that led a top credit ratings agency to downgrade US debt, a senior director of the company said on Wednesday.
“Fitch cut its rating on US debt on Tuesday. It was only the second time in history that a leading credit agency has downgraded US debt.”
https://www.theguardian.com/business/2023/aug/02/us-stock-markets-fitch-credit-rating-downgrade
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#useconomy #usdebt #interest #confidence #credit #fitch #jan6 #Trump
#useconomy #usdebt #interest #confidence #credit #fitch #Jan6 #trump
Exclusive: #Fitch #downgraded the #UnitedStates #CreditRating to #AA+ citing #FiscalDeterioration over the next 3 yrs, repeated down-to-the-wire #DebtCeiling negotiations threatening the govt’s ability to pay its #bills, a #deterioration in #USgovernance, as well as #PoliticalPolarization reflected partly by the #Jan6 #insurrection, Richard Francis, a snr dir at #FitchRatings, told Reuters on Wed.
By Davide Barbuscia
https://www.reuters.com/markets/us/fitch-decision-cut-us-credit-rating-based-deteriorating-governance-polarization-2023-08-02/
#fitch #downgraded #unitedstates #creditrating #aa #fiscaldeterioration #debtceiling #bills #deterioration #usgovernance #politicalpolarization #jan6 #insurrection #fitchratings
#Fitch— a billionaire tax anxiety support group
Zeros in on debt negotiations, then both-sides the issue
There is spending, there are taxes when we fall sort we issue bonds and tally as debt—
Focusing only on spending, not calling out Republicans for habitually cutting taxes for the wealthiest Americans
We repeal Bush and Trump giveaways and we have no debt problem— Fitch is run by hacks
Biggest Crypto Gainers Today on DEXTools – XPEPE, TAI, cvxCRV - Blue chip cryptocurrency markets have seen rollercoaster price action in the last 24 hour... - https://cryptonews.com/exclusives/biggest-crypto-gainers-today-dextools-xpepe-tai-cvxcrv.htm #microstrategy #shitcoins #memecoins #features #litecoin #bitcoin #halving #fitch #ether #btc #eth #ltc
#ltc #eth #btc #ether #fitch #halving #bitcoin #litecoin #features #memecoins #shitcoins #microstrategy
Ratingagentur stuft Kreditwürdigkeit der USA herab
Fitch hat die Spitzenbewertung der Kreditwürdigkeit der USA herabgestuft. Das könnte Auswirkungen auf die Neuverschuldung des Landes haben. US-Finanzministerin Yellen hält die Abstufung für willkürlich.
#usa #ratingagantur #fitch #herabstufung