US markets may not see lasting impact from Fitch downgrade
Most major brokerages do not expect a sustained drag on U.S. financial markets following Fitch’s move to strip the country of its top credit rating, noting that the economy is stronger now than in 2011 when S&P Global downgraded U.S. sovereign debt. Early moves in U.S. financial markets on Wednesday indicated some aversion to riskier … Read more
