In a post on the microblogging platform X (formerly Twitter), Kiyosaki compared the U.S. to a “deadbeat dad” living off borrowed money without a job or responsibilities, in response to the credit downgrade. He cautioned that a downgrade by Moody’s could lead to higher interest rates, potentially pushing the U.S. into a recession.
US stocks today: S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024.
May 1, 2026