Bloomberg analysts talk about the downgrading of U.S. debt from AAA to AA+ last night (8/1/2023). Yeah, that's not good. As I write this post, The Dow is down 271 points, the Nasdaq is down 284 points, and the S&P 500 is down 56 points (8:00 am Pacific time, 8/2/2023).
Why is the world so crazy now? Here are my personal thoughts.
I'm doing a lot of my writing on Substack these days, check it out:
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