Broker Check

Commentary | 8.2.23 | Fitch Downgrades U.S. Debt

August 02, 2023


In their latest commentary, the Cetera Investment Management Team discusses Fitch’s downgrade of U.S. debt. The downgrade only adds to market risks, but the downgrade itself should not cause sustained volatility, as the reasons for the downgrade have been well known for a long time. Investors should have already accounted for these risks.

 

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