Tuesday, August 16, 2011

Fitch Ratings Keeps U.S. at AAA

Only S&P and the republicans think that U.S. is AA+. I mean really, if you're going to downgrade the U.S. don't go from AAA to AA+. Go from AAA to AA at least.
Fitch Ratings said Tuesday it will keep its rating on U.S. debt at the highest grade, AAA, and issued a “stable” outlook, meaning it expects the rating to stay there.

That’s better than the other two main ratings agencies: Moody’s lists the U.S. debt at AAA but says its outlook is negative. And Standard & Poor’s set off a maelstrom in the stock market last week after it took its rating on the U.S. down to the second-highest grade, AA-plus, for the first time. AP