EPISODE · Aug 8, 2023 · 25 MIN
The U.S. gets downgraded, explained.
from Tangle
Last week, the Fitch Ratings agency downgraded the U.S. government's top credit rating from AAA to AA+, a decision that drew an angry response from the White House and surprised investors. In the initial reaction to the announcement, investors moved money from stocks into government bonds and the dollar. Plus, why does Tangle have slightly more liberal readers than conservative?You can read today's podcast here, today’s “Under the Radar” story here, and today’s “Have A Nice Day” story here. Today’s clickables: Quick Hits (2:33), Today’s Story (04:23), Right’s Take (6:54), Left’’s Take (11:13), Isaac’s Take (15:48), Your Questions Answered (19:04), Under the Radar (22:08), Numbers (22:48), Have A Nice Day (23:27)You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here.Our podcast is written by Isaac Saul and edited by Zosha Warpeha. Music for the podcast was produced by Diet 75.Our newsletter is edited by Bailey Saul, Sean Brady, Ari Weitzman, and produced in conjunction with Tangle’s social media manager Magdalena Bokowa, who also created our logo.--- Send in a voice message: https://podcasters.spotify.com/pod/show/tanglenews/message Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Last week, the Fitch Ratings agency downgraded the U.S. government's top credit rating from AAA to AA+, a decision that drew an angry response from the White House and surprised investors. In the initial reaction to the announcement, investors moved money from stocks into government bonds and the dollar. Plus, why does Tangle have slightly more liberal readers than conservative?You can read today's podcast here, today’s “Under the Radar” story here, and today’s “Have A Nice Day” story here. Today’s clickables: Quick Hits (2:33), Today’s Story (04:23), Right’s Take (6:54), Left’’s Take (11:13), Isaac’s Take (15:48), Your Questions Answered (19:04), Under the Radar (22:08), Numbers (22:48), Have A Nice Day (23:27)You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here.Our podcast is written by Isaac Saul and edited by Zosha Warpeha. Music for the podcast was produced by Diet 75.Our newsletter is edited by Bailey Saul, Sean Brady, Ari Weitzman, and produced in conjunction with Tangle’s social media manager Magdalena Bokowa, who also created our logo.--- Send in a voice message: https://podcasters.spotify.com/pod/show/tanglenews/message Hosted on Acast. See acast.com/privacy for more information.
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The U.S. gets downgraded, explained.
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