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Shane Solly: Harbour Asset Management spokesperson on what Moody's downgrade of US Government debt ratings means

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Manage episode 483687423 series 2882353
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Moody's cut the US credit rating by one notch, citing rising debt and interest payments that outpace those of similar sovereigns.

The downgrade to 'Aa1' from 'Aaa' follows a change in the outlook on the sovereign in 2023 due to wider fiscal deficit and higher interest payments, according to new data.

Harbour Asset Management's Shane Solly explains further.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

9404 episodes

Artwork
iconShare
 
Manage episode 483687423 series 2882353
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Moody's cut the US credit rating by one notch, citing rising debt and interest payments that outpace those of similar sovereigns.

The downgrade to 'Aa1' from 'Aaa' follows a change in the outlook on the sovereign in 2023 due to wider fiscal deficit and higher interest payments, according to new data.

Harbour Asset Management's Shane Solly explains further.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

9404 episodes

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