10 Articles
10 Articles
Ray Dalio says the Moody's rating downgrade understates the risks of US debt
Moody's downgrades the US credit from Aaa to Aa1.Andrew Kelly/REUTERSRay Dalio said on X that Moody's credit downgrade doesn't cover the risks of government money printing.Moody's downgraded US credit to Aa1, citing growing deficits and ballooning interest payments.A GOP tax bill could worsen US debts, with proposed tax breaks and increased defense spending.Billionaire investor Ray Dalio thinks Moody's recent downgrade of the US sovereign credit…
S&P 500 INDEX (SPX) Live: Markets Pare Losses in Face of Credit Downgrade
Live Updates Live Coverage Updates appear automatically as they are published. Ray Dalio Comments on US Debt 11:58 am by Gerelyn Terzo Ray Dalio, founder of Bridgewater Associates, reportedly raised a flag that Moody’s downgrade of the U.S. sovereign credit rating misses a crucial point regarding the vulnerability of U.S. Treasuries. According to Dalio, the credit agency’s analysis fails to account for the inherent risk of the federal govern…
Fundstrat’s Tom Lee Says Stock Market Pullback a ‘Buying Opportunity’ Despite US Going Down Unsustainable Debt Path – The Daily Hodl – MAXBIT
Fundstrat’s head of research Tom Lee says that Monday’s pullback in stocks is a buying opportunity despite growing economic issues in the US economy. In a new interview on CNBC Television, Lee says that even though Moody’s downgraded the US’s credit rating from AAA to AA1 on Friday due to soaring national debt, he remains...
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