Debt Fundamentals News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The potential for catastrophe and looking at an outcome that is obviously more benign. we ve been up five of the last six days. yesterday was the only down day so they re betting on a positive outcome. jared, brief us on what it means for fitch to come out and say we re on the precipice of a downgrade. back to where we were in 2011, where we were downgraded. that was through a different agency but what does it mean from fitch. that was from standard & poor s. it s an interesting question because if you actually look at the last time they took us down a notch, it really didn t have any impact on markets at all. they kind of shook it off. this time it s actually more serious. and if you read the fitch report, it s quite interesting. what they tell you is the underlying even the debt fundamentals, the debt and deficit in fitch s view in the u.s. economy are quite good. the deficit has been cut by half. if you look at least in the near term, our fiscal situation looks ....

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