Fitch’s downgrade of US sovereign debt to AA+ from AAA has echoed a similar move by S&P Global over a decade ago. The downgrade is attributed to projected fiscal deterioration, a significant and growing government debt burden, and governance erosion relative to ‘AA’ and ‘AAA-rated peers over the past two decades
Short-term rebound could trap investors; better to wait for clarity: Dipan Mehta
Dipan Mehta advises Indian investors to adopt a sell-on-rise strategy amidst global financial uncertainty, drawing parallels to the 2008 crisis. He suggests caution due to
April 8, 2025