The US indices fell due to a number of factors. The most important of these is an obvious correction after years of growth.
At the moment, any threat of a headwind for the dominant technology stocks appears to largely stem from regulatory authorities.
Standard and Poor’s 500 index decision to downgrade Russia’s rating is evidently not linked to any economic reason but can be perfectly explained from a political vantage point. To justify its decision, which henceforth fixes Russia’s rating at “BB+,” causing it to enter into the speculative category, this [Read more]