Category Archives: Credit

US Treasury Downgrade – What Does This Mean To You?

[caption id="attachment_925" align="alignleft" width="275" caption="A bond trader looks on as Treasuries rally."][/caption] This weekend the US Treasury was downgraded by Standard & Poors from its AAA credit rating to AA Plus.  This is an historic event for our country, and not in a good way. ...
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Debt Ceiling Raised…Problem Solved!

As you all know, our brilliant lawmakers finally came to an agreement at the final moments to raise the debt ceiling.  They also were able to comprimise on cutting some spending over the next 10 years to try and help our overall debt situation, which they seem very proud of.  But unfortunately, the amount of...
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