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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 695.560.0%4:00 PM EST
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To: yard_man who wrote (188795)8/2/2023 1:55:45 PM
From: Turtles_win  Read Replies (1) of 222553
 
Sooner or later, the US bonds will be downgraded and the downgrading won't stop for a long time.
Been printing too much unbacked money for too long. Sure, it makes life easier and makes the voters
happier, but sooner or later, someone has to pay the bill. The Fitch thing is no doubt NOT the start
of the reconciliation, but maybe it is a hint of what is to come.
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