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Markets React to Moody's Credit Downgrade
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Markets React to Moody's Credit Downgrade
Investors are closely watching market movements following Moody’s recent credit downgrade, with financial experts weighing in on whether the response represents a justified correction or an overreaction. SlateStone Wealth’s chief market strategist, Kenny Polcari, addressed the market’s reaction during an appearance on Fox Business Network’s “Varney & Co.” His analysis comes as traders assess the implications of the credit rating agency’s decisio…
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