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Wall Street Starts Fretting about US Debt again

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Wall Street starts fretting about US debt again after months of easy stock-market gains Joseph Wilkins and George Glover Aug 2, 2023, 10:44 AM EDT Stocks have racked up easy gains over the past few months thanks to AI and cooling inflation.  But investors are suddenly worried about debt again after Fitch slashed its credit rating for the US.  The last time this happened was 2011 – and the S&P 500 took six months to recover its losses. It’s been a brilliant year for the stock market – so far. The benchmark S&P 500 index is currently on a five-month winning streak, up 19%…

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