The timing of Moody's downgrade is particularly sensitive. Earlier in the day, Trump's large-scale tax reform plan failed to be passed due to the obstruction of hard-line Republicans within the Budget Committee of the U.S. House of Representatives. Market participants commented, "As we all know, there is no such thing as coincidence in Washington." At the critical moment when the Republican Party promoted Trump's "Beautiful Big Bill", Moody's downgraded the credit rating of the United States. Coincidentally or deliberately? After the U.S. stock market closed on Friday (May 16), Moody's Ratings announced that it would downgrade the U.S. credit rating from the highest level Aaa to Aa1. After this downgrade,...
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The United States lost its "last AAA rating", and the timing of Moody's launch was "subtle". Wall Street: This gave US stocks a reason to pull back
华尔街见闻05-17
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