The stock market has been continuing on a very strong rally, which was all initiated from a heavy rebound accompanied with a positive outlook on inflation and interest rates from Jerome Powell.
However just recently, we learned that Moody's has lowered their us credit rating outlook. Which is a major deal and can have a significant negative impact on the markets. Because the last 2 times that happened, investors did not like it.
And on top of that we have a ton of major economic data like CPI, Core CPI, PPI and Core PP set to be released and investors are now weighing in on the possible results.
So what's going on, why did Moody's downgrade their outlook on the US credit rating, and how does this impact the markets, interest rates, a and what effect does it have on the US dollar.
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⚠️⚠️⚠️ Disclaimer: I am not a financial advisor. Viktoriya Moskalyuk does not provide investing, tax, legal or accounting advice. This video is for entertainment and educational purposes only and should not be considered as financial advice. I am solely sharing my personal experience and opinions. I highly encourage you to do your own research- there is a risk of losing money in the market. You should consult your own tax, legal and financial/investment advisors before engaging in any transactions.
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