On the SPOT™ blog (11/13/2023) [B..]

This morning (PST), all three major US indices are near the flat line perhaps because investors might be in a watchful mode for economic data due this week and effect of Moody's downgrade of US government from stable to -ve citing high deficit and partisan gridlock. However, Moody's maintained AAA rating perhaps because this gridlock pattern before resolution (remains to be seen how it plays out this time) is a bit common in recent past.

Want to read more?

Subscribe to www.gammathworks.com to keep reading this exclusive post.

Subscribe Now