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Ray Dalio says the Moody's rating downgrade understates the risks of US debt
Ray Dalio warns that Moody's credit downgrade doesn't reflect the risks of money printing by the federal government in order to pay off debt.
The Financial Express10m
‘Depression best time to become rich’, Rich Dad Poor Dad author Robert Kiyosaki explains Moody’s US downgrade
The ratings agency had cited the government's $36 trillion outstanding debt and interest while slashing sovereign credit rating from 'Aaa' to 'Aa1' after markets closed on Friday.
US stock futures down after Monday's comeback
U.S. stock futures point to a lower open, a day after stocks made a comeback to close higher despite Moody's stripping the U.S. of its top AAA rating.
Corporate bond market has muted response to Moody's US rating downgrade
Moody's downgrade of the U.S. sovereign credit rating late Friday appeared to have a modest impact on corporate bond market activity on Monday, as spreads widened slightly and new bond sales started the week softer than expected.
Trump Aide Hassett Dismisses Moody’s Downgrade, Calls US Debt ‘Safest Bet’
White House National Economic Council Director Kevin Hassett criticized Moody’s Ratings over its decision to lower the US credit rating, calling the move backward-looking and saying the Trump administration is committed to lowering federal spending.
'Sell America' is back as long-dated Treasurys hit 5% in wake of Moody's downgrade
The yield on both 10 and 30-year government bonds rose on Monday after another credit ratings agency downgraded the US on Friday.
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