United States’ bond rating might be downgraded by credit-rating agencies

So much for enactment of a debt-ceiling hike smoothing the feathers of ruffled investors. America's AAA credit rating is safe — at least for the next few months — but the markets are acting as if the threat of imminent default by the U.S. Treasury were still real.

For stocks to break out of their funk, you'll need to see better news on jobs, industrial output, exports, retail sales and gross domestic product. Few economists and fewer stock-market strategists foresee much of that in the months ahead.

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Peter Wallsten 07 Aug, 2011

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Source: http://feeds.washingtonpost.com/click.phdo?i=8c3248c0e95eb8969560583675be01f4
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