Warning: this is mainly just a financial blog\/update.<\/p>\n
Well it has been 2 days since the US had it’s credit downgraded to AA+ instead of AAA like it’s been since they’ve begun the grading.<\/p>\n
It’s kind of a big deal.<\/p>\n
I’m not so sure it will be a good thing for the markets. In fact the markets are set to open in a few hours so it should be a fun day. In the past week or so the NYSE has dropped over 10% and that was before this news.<\/p>\n
Some markets overseas have already closed their Monday session down ranging from 200 to 400+ points down.<\/p>\n
But our stocks are funny. They don’t always do what you think they will. Time will tell. Example of the craziness? Last week the markets had their second worst day since opening after 9\/11. The news? That congress agreed to raise the debt ceiling and avoided default.<\/p>\n
Well I suppose that’s all for this round. See you on the flip side.<\/p>\n","protected":false},"excerpt":{"rendered":"
Warning: this is mainly just a financial blog\/update. Well it has been 2 days since the US had it’s credit downgraded to AA+ instead of AAA like it’s been since they’ve begun the grading. It’s kind of a big deal. I’m not so sure it will be a good thing for the markets. In fact…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kadence_starter_templates_imported_post":false,"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-1069","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":761,"url":"https:\/\/jshox.com\/jay\/2009\/01\/31\/761\/","url_meta":{"origin":1069,"position":0},"title":"heyits been a crazy past\u2026","author":"me@jshox.com","date":"January 31, 2009","format":false,"excerpt":"heyits been a crazy past couple weeks. 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