8-21-2023 – Fitch Ratings Warns It May Be Forced to Downgrade Dozens of Banks

InvestTalk

English - August 21, 2023 23:58 - 46 minutes - 42.9 MB - ★★★★ - 719 ratings
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Previous Episode: 8-18-2023 – Redfin: Housing Market Has Hit 'Rock Bottom'

Next Episode: 8-22-2023 – Should 'Manufacturing in Space' Startups Be on Your Investment Radar?

Apparently, the U.S. banking industry has inched closer to another source of turbulence — the risk of sweeping rating downgrades on dozens of U.S. banks that could even include the likes of JPMorgan Chase.

Today's Stocks & Topics: A-I Funds, LEG - Leggett & Platt Inc., XOM - Exxon Mobil Corp., China Growth, BTI - British American Tobacco PLC ADR, STNE - StoneCo Ltd. Cl A, SQM - Sociedad Química y Minera De Chile S.A. ADR, T - AT&T Inc., VZ - Verizon Communications Inc.

Justin's PERSPECTIVE looks at a brief history of fiat currency failures.

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