US Credit Downgraded. So What Does That Mean? [Video]
On Friday, Standard & Poors, downgraded the U.S. credit rating for the first time in history. For us, there’s only one way to respond… with a video. The US Credit rating was recently downgraded from AAA status to AA+. We explain what this means and what that means to you.
The stock market, which had dropped sharply in anticipation of the news, has had several volatile trading days in the past two weeks. And there’s a possibility Standard & Poor’s and other rating agencies may make adjustments in the future.