Monthly Archives: August 2011

The latest trigger was the downgrade of the U.S. debt by Standard and Poor (S&P) to AA+. Fitch Rating Agency just affirmed that its rating continues to be AAA. Moody’s also continues the AAA rating though with a negative outlook. … Continue reading →

After US stocks have roughly doubled since the lows of 2009, US stocks have recently declined 10% from their highs of 2011. (A 10% decline is commonly called a “correction.”)  What’s led to this recent downturn? There is certainly some … Continue reading →