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S&P Cuts US Credit Rating to AA+
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<blockquote data-quote="klein" data-source="post: 864450" data-attributes="member: 23950"><p>You would think they would need to get rid of the negative outlook first (see below) :</p><p></p><p><strong><em>Standard & Poor's cut the US rating for the first time in history Friday, by one notch from its top-flight triple-A to AA+, saying US politicians were increasingly unable to manage the country's huge fiscal deficit and debt.</em></strong></p><p><strong><em></em></strong></p><p><strong><em>The agency added a negative outlook, warning there was a chance the rating could be downgraded further within two years if progress is not made in balancing the country's lopsided finances.</em></strong></p><p><strong><em></em></strong></p><p>more here :</p><p></p><p>US calls for end to bickering after rating downgrade</p><p></p><p>And btw : Just on the news, head of S&P gives it a chance in 1 of 3 for a further downgrade in that period of time mentioned above !</p></blockquote><p></p>
[QUOTE="klein, post: 864450, member: 23950"] You would think they would need to get rid of the negative outlook first (see below) : [B][I]Standard & Poor's cut the US rating for the first time in history Friday, by one notch from its top-flight triple-A to AA+, saying US politicians were increasingly unable to manage the country's huge fiscal deficit and debt. The agency added a negative outlook, warning there was a chance the rating could be downgraded further within two years if progress is not made in balancing the country's lopsided finances. [/I][/B] more here : US calls for end to bickering after rating downgrade And btw : Just on the news, head of S&P gives it a chance in 1 of 3 for a further downgrade in that period of time mentioned above ! [/QUOTE]
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