Pinkspider
05-17

Moody’s just downgraded the U.S. credit rating for the first time ever. $SPY

That means all 3 major agencies (Moody’s, S&P, Fitch) now agree:

The U.S. is no longer AAA❌

Why?

-Exploding debt

-Soaring interest costs

-No plan to fix it

Why it matters:

-Higher borrowing costs

-Lower investor confidence

- Volatility ahead

- Could scare off foreign investors

None of the agencies have ever reversed their downgrade.

Watch yields next week and we could now see $SPY reject at our smart money zone.

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