Good morning … Thankfully, things have not gone from bad to worse in global markets overnight and early on, given weekend developments in the middle east.
Credit markets are currently pricing in a 6-level credit downgrade for the United States, which would give it a rating of BBB, just a smidge above investment grade
would HOPE and agree but then, the big beautiful bill and wheelin' / dealin just ahead may spark more this concern -- may get worse before gets better. HOPE not and HOPE this most ridiculous chart we'll see all day but ...
https://t.co/iWGdomCBwx
This seems overly pessimistic....
Credit markets are currently pricing in a 6-level credit downgrade for the United States, which would give it a rating of BBB, just a smidge above investment grade
would HOPE and agree but then, the big beautiful bill and wheelin' / dealin just ahead may spark more this concern -- may get worse before gets better. HOPE not and HOPE this most ridiculous chart we'll see all day but ...