Sam Dickie: Fisher Funds senior portfolio manager on Fitch downgrading the US credit rating from AAA to AA+
Heather du Plessis-Allan Drive · Newstalk ZB
August 3, 20232m 40s
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Show Notes
US markets plummeted overnight following Fitch downgrading the US credit rating from AAA to AA+.
The agency cited fiscal deterioration over the next three years and drawn-out debt ceiling negotiations.
Fisher Funds senior portfolio manager Sam Dickie says the fiscal situation in the US Government has been heavily publicised, meaning Fitch mulled over their decision to downgrade.
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Topics
businessFitchUS debt ceiling