Fitch has downgraded the US credit rating to AA+ from AAA in a move that surprised many asset classes that had been enjoying a steady northern hemisphere summer. Adam Furlan explores the reasons for the decision, especially as recent data from the world’s biggest economy has been so encouraging, and the impact on emerging markets.
7 Aug 2023
9 minutes
Adam Furlan
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Authored by
Adam Furlan
Portfolio Manager
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