U.S. Debt in Danger of Downgrade by Moody’s as Shutdown Looms
Moody’s Investors Service on Friday put the U.S. government’s pristine credit rating on a negative outlook, raising the possibility of another downgrade of American debt.
Moody’s Investors Service on Friday put the U.S. government’s pristine credit rating on a negative outlook, raising the possibility of another downgrade of American debt.
The credit rating agency cited risks to the U.S. fiscal outlook — namely, higher interest rates “without effective fiscal policy measures to reduce government spending or increase revenues.”
“Continued political polarization within [the] US Congress raises the risk that successive governments will not be able to reach consensus on a fiscal plan to slow the decline in debt affordability,” credit rating agency Moody's said.
Brazil Set to Join the Influential OPEC+ Oil Producers' Alliance
According to Brazilian Energy Minister Alexandre Silveira, Brazil will join the influential OPEC+ oil coalition that unites some of the biggest crude-producing nations in the world.
An Imperfect World: Morgan Stanley’s 2024 Investment Outlook and Ideas
Morgan Stanley’s recommended portfolio construction has a lower risk profile than our cross-asset benchmark, largely due to strategists’ recommendations for lower-than-average allocations in commodities and emerging-market stocks.
Goldman Sachs' 2024 Equity Outlook: Winning Stocks to Watch
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