Effects of credit rating downgrade of America to AA+

money

It finally happened.  After ratings agencies Moody’s and Fitch affirmed America’s triple A ratings but with negative outlook, China’s Dagong Agency and S&P Drops US Credit Rating to AA+ shortly thereafter.  S&P said that in addition to the downgrade, it is issuing a negative outlook, and there is a chance it will lower the rating […]

how did osama bin laden die and effect on stock market?

It is reported today that Osama Bin Laden is finally dead, after escaping from Tora Bora almost a decade ago.  So how did the Al Qaeda leader die?  It is said that predator drones played a major role in aerial surveillance, while American forces primarily the CIA and navy seals, lead the assault on a […]

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