Month: August 2023

Debt Downgrade A Too Subtle Warning Of What Is To Come

Courier Herald column for the week of August 6th: The research firm Fitch Ratings downgraded the quality of the United States debt last week.  They’re arguably the lesser known of the three main agencies that assign letter grades to denote the likelihood a bond issuer will repay their debt.  A grade of AAA implies unimpeachable