AFTER THE DOWNGRADE

Unimpressed with U.S. deficit reduction plans, S&P delivers on its warning. Presented by John J. Barrios, CFP® Unprecedented and unsettling. Standard & Poor’s issued a historic downgrade of U.S. debt on August 5, sensibly waiting until the market week had concluded to send a shock wave toward global investors. It reduced America’s long-term debt rating […]

BUDGET CUTS & THE DEBT CEILING

If we slash trillions from the federal budget, what does that do to our GDP? Presented by John J. Barrios, CFP® The summer of discontent stretches on. As July ebbs into August, we have no resolution on the federal debt limit issue. The possibility of default is still in play. Republican leaders want major cuts […]