EPISODE · May 19, 2025 · 38 MIN
Moody's downgrades US debt and Wall Street isn't thrilled
from The Financial Exchange Show · host The Financial Exchange Network
Chuck Zodda and Mike Armstrong discuss treasuries and the dollar falling on the news that Moody's downgrades US debt. Bessent calls Moody's as a 'lagging indicator' of US fiscal health. The GOP tax plan doesn't address cutting the deficit. Trump attacks Walmart for tariff-related price increases. Why are we as a country trying to spend our way out of debt?
What this episode covers
Chuck Zodda and Mike Armstrong discuss treasuries and the dollar falling on the news that Moody's downgrades US debt. Bessent calls Moody's as a 'lagging indicator' of US fiscal health. The GOP tax plan doesn't address cutting the deficit. Trump attacks Walmart for tariff-related price increases. Why are we as a country trying to spend our way out of debt?
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Moody's downgrades US debt and Wall Street isn't thrilled
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