Why The US Credit Rating Was Cut And What It Means: Quick Take
Americans generally expect to be No. 1 at everything. So the downgrade of the country’s credit rating for only the second time ever rattled the country’s pride and the global financial system. The US was stripped of its top-tier sovereign credit rating by Fitch Ratings on Aug. Both markdowns were spurred by bitter standoffs over the nation’s borrowing.
Stocks are ticking higher as Thursday’s shaky day of trading comes toward a close following the latest update on inflation across the U.S.
The S&P 500 was 0.3% higher with about an hour remaining in trading. It’s on pace for just its second winning day in the last eight, but it had been up as much as 1.3% earlier in the day before swinging between gains and losses.
Shawn Wilson, owner/founder/creator of Soulful Staging and Design, has been recognized for his outstanding work! You better work Mr. Wilson!
In his own words:
It's nothing short of an honor to be recognized by The International Home Staging Awards. After a rigorous judging process, that left me sweating in my Gucci boots, honey, I was awarded Finalist for Best Occupied Home 2023! This award definitely set the tone for my first year of business as a luxury stager. Many thanks to the lovely Staging Awards!
If you are interested in working with him, you better do it soon before he blows up (like you know he will)!
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