Matt’s Minutes: July Happenings & U.S. Credit Rating? [August 2023]


 

Matt Curfman, CFP®, CEO & Co-Owner of Richmond Brothers, sums up July market events and discusses the recent downgrade for the U.S. credit rating.

  • 0:17 Debt Ceiling Crisis Pushed Off
  • 0:44 Goldman Sachs report on recession probability
  • 1:07 U.S. Credit Rating Downgraded
  • 1:56 What does this mean for our family of clients?

Or check out the Closed Captions here!

Sources:

Research Reports

https://www.vox.com/2023/8/2/23817311/fitch-downgrades-us-credit-rating

The commentary in this video reflects the personal opinions, viewpoints and analyses of Richmond Brothers employees, and should not be regarded as advisory services provided by Richmond Brothers, and are subject to change at any time without notice. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Past performance is no guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional. Richmond Brothers, Inc. does not provide tax advice.

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