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Money and Me: What does Fitch's downgrade mean for the US economic outlook?

Money and Me: What does Fitch's downgrade mean for the US economic outlook?

Your Money with Michelle Martin · MONEY FM 89.3

August 14, 202320m 15s

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Show Notes

When one of the world's top credit rating's agencies downgrades US government debt, what does that mean for you if you are a risk-averse investor?

Where in the world are we seeing sustained stimulus? Fitch Ratings move to downgrade the US government’s credit rating from a stellar AAA to an AA+  was due in part to “the erosion of governance… over the last two decades" so what does this mean for your portfolio?

Michelle Martin invites Stephanie Leung, Chief Investment Officer, StashAway to weigh in.

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