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Home>US Credit Rating Downgrade

US Credit Rating Downgrade

Perspectives Content Submission

Mon, 8 Aug 2011

Why did S&P act now? S&P has warned about the possibility of a downgrade several times in the recent past, but the timing of the actual downgrade was earlier than we, along with most market watchers, anticipated. It appears that both the political process and the substance of the budget deal were n
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