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?

Episode metadata supplied by the publisher feed · Published May 19, 2025

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Moody's downgrades US debt and Wall Street isn't thrilled

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