Your Daily Brief For August 3rd

Your Daily Brief For August 3rd

4 months ago1 min

Today's Stories

Today's Insight

Your Brief Summary

In today’s Daily Brief, we'll be looking at the US, which just had its credit rating downgraded.

"Credit rating agency Fitch downgraded the US from its highest level, citing ballooning debt burdens and the recent debt-ceiling debacle as key reasons."

Key takeaways:

  • The US’s credit rating just got downgraded
  • SoftBank’s Arm listing looks set to be a whopper
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Disclaimer: These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment advisor.

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