#fitchratings #uscredit #usdebt #yahoofinance
U.S. futures are still under pressure from Tuesday’s credit rating cut. Is this cut a cause for serious concern? BNP Paribas U.S. Senior Economist Yelena Shulyatyeva joins Yahoo Finance Live to break down the credit rating downgrade and what it means for the state of the market. Shulyatyeva says, “I think it’s a long-term issue for us and we will be talking about this (for) decades and decades going forward if this unsustainable path continues.” Shulyatyeva also discussed Friday’s job report and the state of the labor market. Shulyatyeva characterizes it as a “gradual cooling” because “things are still very tight in the labor market.”
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Very serious for the Dollar but the Fed can push down the 10 Year Yield so all ok 😂
BIGGEST CRASH OF A DECADE IS ALMOST HERE…..sleep tight
👍.I was at a retirement seminar and the speaker spoke on how he quit his job after he made well over $950,000 PROFIT within 3months he invested $120,000. I just need creative ideas to afford my retirement.🚀🚀🚀
Yes I Agree, I’ve been talking to ALEX L ORLOFF for long now, mostly because I lack the knowledge and energy to deal with these ongoing market circumstances. there are more aspects of the market than the average individual is aware of. Having an investing counselor is now the best line of action, especially for those who are close to retiring..
I’m happy to see ALEX L ORLOFF mentioned, he is recognized worldwide, my neighbor recommended him to me after investing £19000 and he has been a blessing to us..
Run a quick online research with his name.
CUANDO PIENSAN JUZGAR ESTE GENOCIDIO SEÑORES NUNCA.?.
Oh, wow! Decades of brilliant trickle-down economics and incredibly efficient government have clearly led to unprecedented success and prosperity! Can’t you just see the amazing results? 😅
Yet Bident still want to give more free money
F FITCH!!!
The fed is no longer remitting payments to the US treasury, is now carrying a debt balance. This is as of the most recent quarterly Fed accounting reports. It seems to me this explains the timing, and the downgrade makes sense.
Also from 2019 to present day 2023 the dollar has fallen from 1 dollar to now that 1 dollar ewuals 1.25 needing 25 cents more to buy the same products the dollar has almost declined by 20 pct in 3nd n half years, there’s your real inflation number right there
So many Americans are actually invested in the stock market it’s as high as 70pct, government needs to let failing businesses FAIL. 30 pct of all businesses aren’t even making a profit!!!! This time the stock market should retract if 2 plus 2 equals 4. If you want to put some of this on trump, HE DIDNT HAVE A VACCINE, Biden shouldn’t have come in with a vaccine and spend 6 trillion dollars toward the 19 pandemic.
That dollar is about to become as useful as candles