Bipartisan Wrangling News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Us treasury secretary janet yellen called the downgrade � arbitrary� and said Economic Conditions had improved under the biden administration. The news of the downgrade came after the close of trade on wall street but in asia investors have been pulling out of equities in reaction. Lets look at markets now in asia. Japan is currently down by over 2 . Hong kong not that far behind. This was off the back of yesterday, and most of this week we have seen the sharemarket, certainly wall street and asia having a strong session but this is certainly spooked sentiment. Lets discuss this with tom s...

Important. not good news for the us. you can see why the authorities are not pleased with this downgrade but i think the impact may be relatively limited in the long run. in terms of their concern about governance, saying it has not improved, it is actually gone the wrong direction over quite a long period of time. that is quite damning, really, isn't it? and to be honest, it is fair comment. every couple of years we seem to get these situations where there is wrangling, bipartisan wrangling, bipartisan wrangling, over the debt ceiling. really, the debt level in the us is used as a political f...